Intuit PayCard Debit Cards Now Accepted by MasterCard Merchants

Tuesday 14 December 2004 22:22 CET | News

Intuits PayCard debit cards are now accepted at more than 24 million MasterCard merchant locations worldwide.

Intuits PayCard debit cards can be used to obtain cash, surcharge-free, from more than 11,000 automated teller machines throughout the United States. PayCard is another innovative way Intuit makes payroll Right for Me for small and medium-sized business employers. The card is offered through an alliance with Genpass, a leading provider of payroll card services and operator of MoneyPass, the nations fastest-growing surcharge-free ATM network. Intuits PayCards are stored-value debit cards that small businesses can issue to employees in place of paper paychecks. Known in the industry as payroll cards, they provide a safe and low-cost money transfer service for businesses that choose to either eliminate paychecks or offer it as an alternative for employees without a bank account. Using payroll cards, employers can reduce the recurring costs of printing and processing paper checks. Workers can use their pay cards to withdraw wages from ATMs or purchase goods and services at point-of-sale terminals in stores. Companies using Intuit PayCards can also allow their employees to use them where MasterCard is accepted - expanding ease of use and convenience of the service for their workers.

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Categories: Payments & Commerce | Payments General
Countries: World
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