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What a Payroll Card Is, Costs & Providers

A payroll card (pay card) is a prepaid debit card employers used to pay employees who don’t have bank accounts. Although regulated by state law, they’re similar to direct deposits in that money is sent electronically and setup is sometimes free. Pay cards are available from dedicated providers (FlexWage or VISA), banks, or payroll companies.

You can pay your employees using a payroll card instead of, or in addition to, a paper check or direct deposit. Pay cards offer some advantages, specifically that employees don’t have to visit a bank to access their money.

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