Cash Pay VISA Card

2. Cash Pay VISA Card Payroll payment alternative for employees

3. What is Cash Pay VISA? VISA card for payroll payment alternative for employees that allows employees instant access to pay check without the expense of a bank account.

4. Advantages to employees Eliminates check cashing charges of $8-$20 or even as much as 15% of the check Eliminates waiting for the U.S. Postal service or internal pony to deliver paper check Personal information is more secure More convenient -accepted anywhere VISA is accepted Employee owns the card

5. Advantages to employees Account information is available 24 hours a day, seven days a week If the employee loses a card, the bank will Western Union money to employee and send a replacement card directly to them Employee can elect to get a paper statement monthly Employee can eliminate service charges on bank account by switching to card

6. Advantages for SPS Eliminates paper checks – costly @ $1.80 per check Eliminates replacement checks for lost, stolen, or mutilated checks Reduces cost of Postage Reduces potential for check fraud No cost to either Suffolk Public Schools or the Employee