Debit Card Program Gives U.S. Residents Without Any Banking Relationship Greater Security, Savings a

These services, however, are costly exacting fees as high as 5% for each check. To make matters worse, check-cashing must often be done in areas where carrying cash is a threat to personal safety. In response to the need for a safer, more convenient and economical way to deposit and access personal income among the unbanked, CR Wolters Financial Access Systems, through a strategic business alliance with First Card Resources, offers its Payroll Debit Card program to Spanish-American businesses. The debit cards allow people instant access to their incomes at any time at ATM machines and to purchase goods at any store that honors debit cards. Payroll cards also provide more convenient income access and distribution Beyond making check cashing safer and easier, the card also simplifies transferring funds to relatives such as teenage or college-age students at home or abroad. Additional cards can be issued for this purpose and are preloaded for designated dollar amounts by the cardholder. Funds can then be transferred from one card to another via a password protected website or a toll-free Interactive Voice Response Unit (IVRU). Beyond the convenience of being able to instantly send money where and when its needed, an added benefit is that the cost for transferring funds with the debit card is far less than with traditional means such as wire transfer. CR Wolters Payroll Debit Card programs not only provide greater convenience and cost-savings for employees, they also save employers money by reducing payroll distribution costs and risks. The cards are especially useful for part-time or seasonal workers. Retail Debit Cards enhance customer loyalty and sales In addition to Payroll Debit Cards, CR Wolters also offers Retail Debit Card programs to provide enhanced marketing and sales opportunities for retailers. Since Retail Debit Cards also help encourage greater customer loyalty and per-store sales volumes, the company is now implementing debit-card programs for a number of major retailers. Cards can be imprinted with a companys name and logo. And they can be issued with Visa or MasterCard branding.