Deposits

One of the many features of our product includes the ability for an employer to direct deposit an employee's pay to our stored value card. The employee can utilize the same direct deposit method that is used with checking accounts. This adds extra convenience to both the employer and the employee. The employer no longer needs to print a paper check and the employee does not need a traditional financial institution to cash/deposit the check. The employee can simply go to an ATM and withdraw funds as needed.

Funds can also be added/loaded to the card at participating POS locations. As with payroll direct deposit, funds are normally available within minutes of the transaction. There is no limit to the number of times a card can be reloaded, as long as the value does not exceed the daily dollar limit.