The SmartCash Visa Payroll Card enables your business to easily pay all your employees - including temporary, part-time, contracted or unbanked employees - without having to process paper payroll checks.  SmartCash also gives employees immediate and easy access to their payroll funds without the time and cost associated with going to expensive check-cashing outlets.

SmartCash is easy to implement, with a wealth of features including online access to statements and account balances.  It also eliminates the costs associated with lost, stolen, off-cycle, or fraudulent checks, and provides your employees with the peace of mind and security that comes with Visa’s Zero Liability policy. With all of these features and benefits, it’s easy to see why SmartCash can help improve employee satisfaction and build loyalty and retention.  The SmartCash Visa Payroll Card is accepted everywhere Visa debit cards are accepted, at point-of-sale terminals, online merchants, and ATMs worldwide.

• According to the most recent 2001 - 2004 Survey of Consumer Finances completed by the Federal Reserve, 10.6 percent of US families do not have a checking account
• A study by the American Payroll Association revealed that the cost of issuing a payroll check is between $1.00 and $2.00 and the cost of replacing a lost or stolen check is $8.00 and $10.00.
• Employees can spend an average 1 to 3 percent of their paycheck in check-cashing fees and can save over $500 annually with a payroll card

Payroll Card Facts:

• More than 4 million paychecks are lost or stolen every year
• Lost paycheck replacement costs are estimated to be $48 million per year

Advantages to Employer:

• Reduces costs in check generation, exception checks, special payment checks, check loss and theft, stop payments, fraudulent cashing of duplicate checks, check handling, overnight courier deliveries and processing fees
• Increases security by reducing opportunity for fraud
• Increases employee productivity by eliminating time-consuming trips to check-cashing stations or banks
• Creates an additional voluntary benefit, increases employee retention and loyalty due to improved employee satisfaction

Advantages to Employee:

• For the unbanked, the payroll card is less expensive than cashing a check, with lower transaction fees and eliminates the need to purchase expensive money orders
• Many employees will save over $500 annually by avoiding check-cashing and money order services
• Virtually everyone is eligible for a payroll card with no credit checks and no prior bank relationship required
• Convenient and immediate access to pay that eliminates the hassle and expense of cashing checks
• The payroll card can be used for budgeting - pay monthly bills online or on a recurring basis and easily track expenses
• Provides access to online purchasing such as airfares, hotels, car rentals, etc.
• The payroll card protects the employee from the risk of carrying cash
• The payroll card is easily replaced if lost or stolen
• Employees can easily be paid on days off or holidays
• Employees can view account balances and transactions online

Visa Prestige and Security:

• Accepted everywhere Visa debit cards are accepted.
• Use the Visa payroll card at over 50,000 ATMs, 6 million retail locations world-wide, and for telephone and online purchases
• Safely carry your Visa payroll card with the Visa Zero Liability Policy protection
• Prestigious status associated with being a Visa card-holder.

How it Works:

• Employer agrees to offer their employees the Motivano SmartCash Visa payroll card
• Employee elects to enroll in payroll card
• Card created and mailed to employee within 5 to 7 business days
• Employee receives and activates payroll card
• Employer is notified of payroll card activation
• Employer enters employee payroll card routing and account number into payroll system
• Payroll paid to employee via direct deposit