News

Money Network and TALX Partner to Offer Paperless Payroll Solution

Tuesday 27 April 2004 09:14 CET | News

Money Network can bring electronic paystubs to its payroll card clients through TALX ePayroll Services. The combination of payroll cards and electronic paystubs in a paperless payroll environment enables employers to eliminate paper checks as well as paper paystubs, even for people that do not use direct deposit.

With payroll cards, companies disburse wages using a stored value card that works similar to a PIN-secured debit card. Once an employees pay is deposited electronically into a payroll-card account, cash can be withdrawn from automated-teller machines or the card can be used to make purchases at stores, restaurants and other retail outlets. Electronic paystubs replace the paper pay statement and are available at a password-protected website through an Internet connection. Through a close integration with Money Network, TALX provides an immediate, paperless enrollment solution for employee payroll cards while eliminating employers information technology expenditures. Money Network maintains the payroll card accounts for the employer and its employees.


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Keywords: ,
Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce


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