rapid! Payroll Paycards
The rapid! Payroll PayCard offered by Relyco, provides your company with one of the most comprehensive paycard technology platform available.
Designed for employers choosing to convert to electronic delivery of payroll, rapid! Payroll Paycards lets you automate the process at zero cost. What’s more… the rapid! PayCard® Visa® Payroll Card & ePayStub/online W2 forms eliminate paper in the payroll office and benefit employers, employees and the environment.
Your company can expect to see immediate savings and realize efficiencies by eliminating distribution of regular paychecks and wage statements.
- rapid! PayCard – Convert all employees over to standard direct deposit. Eliminate Payroll checks.
- ePayStub – Provide paystubs electronically to all employees and eliminate paystub distribution.
- eW2 – Reduce your company’s requirement to mail paper W2’s by providing electronic access.
Here’s How Employers Benefit
- Reduce Cost: Expanding direct deposit participation will generate significant cost savings over the current methods of printing and delivering checks and wage statements.
- Improve Efficiency: The rapid! PayCard solution will expand electronic direct deposit participation and will eliminate the need to distribute regular pay check and wage statements to employees. By eliminating paper checks, your exposure to check fraud will be minimized, lost or stolen check problems will be eliminated, business continuity will be improved and off-cycle payment problems will be lessened.
- Increase Corporate Environmental Responsibility: Improving your direct deposit participation is a simple, safe and smart way to have a positive impact on the environment.
How Employees Benefit
The rapid! PayCard® Visa® Payroll Card is a safe, secure and hassle-free way for employees to collect, manage and ultimately spend their hard-earned money. PayCards offer more convenient purchase options and more security than carrying cash.
The rapid! PayCard requires no credit check and is accepted everywhere Visa debit cards are accepted.
- NO paycheck cashing fees
- NO lost checks
- NO need to carry large sums of money
- 24/7 access to pay
- Free access to monitor transactions online
- Cash Back Rewards
- Access to pay without a fee
- Savings account access without a fee
- Free multilingual customer service 7/24/365
- Text alerts
We knew Relyco would provide a high-quality product delivered at a competitive price and meet our tight timeline. We’ve never considered looking elsewhere, but I’m sure we would be hard pressed to find another vendor who could do the same.Read MoreAssistant to the President and Chief Financial Officer, Cook Illinois Corporation