SmartCash Visa Payroll Debit Card is a reloadable Visa Payroll Card that is funded each pay period with the employee’s payroll.

SmartCash saves your company money by significantly reducing the costs associated with printing paper paychecks. Employees also save money through eliminating check cashing fees, and further benefit from the prestige and convenience of having a widely-accepted Visa card.

SmartCash is ideal for employees who are currently unable to take advantage of direct deposit including, temporary, part-time, contracted or unbanked employees.

SmartCash Features:

• Easy to implement – Web-based solution, no hardware or software required.
• Reloadable debit card.
• Loaded each pay period with the employee’s payroll (the same as direct deposit).
• Funds are accessible on payday from ATM’s or cost-free over-the-counter at the bank.
• Employer Administration Website.
• Free employee online access to statements and account balances.
• Pay employees anytime – holidays, days off, or during disasters.
• Convenience and savings for employees – pay bills, make telephone or online purchases.
• Employee purchases are protected by Visa’s Zero Liability policy.
• Accepted everywhere Visa cards are accepted - over 1.2 million ATMs and 29 million retail locations in over 170 countries.
• Cards are quickly and easily replaced if lost or stolen.
• Employee facing marketing materials available in both English and Spanish.

SmartCash Benefits:

• Solves the problem of paying employees who are currently unable to take advantage of direct deposit.
• Almost all employees are eligible - no credit checks and no prior bank relationship required.
• Reduce the time and costs associated with paper payroll check processing
• Eliminates check delivery fees.
• Eliminates costs associated with lost, stolen, off-cycle, or fraudulent checks, and associated
  processing.
• 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.

Payroll Debit Card/PayCard Facts:

• A recent American Payroll Association study reveals that payroll check issuing cost approximately $1.35; lost or stolen check replacement costs approximately $12.00 per check.
• More than 4 million paychecks are lost or stolen every year and lost paycheck replacement costs are estimated to be $48 million per year.
• Currently, 25% of all employees in the United States do not currently have bank accounts.

To learn more and find out why over 4,000 companies have signed up with Motivano:

Call us toll free at 866.664.4621
Email Us: customercare@motivano.com