Money Network® enables employers to enjoy cost benefits of paperless payroll while providing a secure, flexible spending card solution to their underbanked employees.
The Merchant Solutions Advantages
The pay-to-the-penny solution includes the Money Network® Card and Money Network® Checks, enabling employers the ability to comply with state payroll laws* while providing a safe and convenient pay alternative for employees.
- Network-branded individual accounts (Visa®, MasterCard® or Discover®)
- Solution, together with direct deposit, enables 100 percent electronic pay for compliance in 50 states*
- Cardholder access to America’s largest surcharge-free ATM network
- Money Network Checks employees can use to pay bills
- 24/7 bilingual (Spanish) cardholder support
- Accounts are FDIC-insured
- Combines additional features and benefits to offer a strong alternative to traditional bank accounts
*Each employer is responsible for determining the legal requirements for each jurisdiction in which it compensates employees, and that decision must always rest with the employer.