Employees everywhere look forward to payday. What they don’t look forward to are the lines, delays, and hassles that come with trying to cash their paychecks. With 3.3 billion people underbanked around the world,2 the demand for a better way to pay employees represents an opportunity to help increase revenue by offering your commercial customers a better solution.
Writing, tracking, mailing and reconciling checks is considerably more expensive than electronic alternatives. And replacing lost or stolen paychecks cost employers millions in time and money.3 According to the American Payroll Association, 4 million payroll checks are lost or stolen every year.3 That’s why corporations everywhere are looking for more cost-effective, convenient and safe ways to pay employees. A smart, solid solution can improve a company’s bottom line.