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How do I add money to my payroll card?

Arrange for a paycheck or other regular payment to be directly deposited onto the card. Transfer money from a checking account or another prepaid card. Buy a reload pack to add a certain amount to your card. Add funds at certain retail locations or at the financial institution that provides the card.

Why do banks issue payroll cards?

Payroll card or disbursement card is generally used by the corporate customers/large firms to give to their employees who go on tour for payment of incentives to staff, wages to workers etc. Payroll cards are expected to be issued to the customers in bulk quantity.

Can a company have a debit card?

Using a business debit card is very simple and it mostly involves only swiping and entering the personal identification number (PIN). The money then gets deducted from your checking or savings account balance. You can also have the added convenience of getting cashback when you need it.

What is a payroll card and how does it work?

A payroll card is a prepaid card on which an employer loads an employees wages or salary each payday. Payroll cards are an alternative to direct deposit or paper checks. These cards are manufactured by major payment processors, such as Visa, allowing workers to use them anywhere electronic payment cards are accepted.

Can you get a debit card for someone else on your account?

Yes, you could authorize another person to carry and use a debit card linked to your account. Since an authorized user would be able to withdraw money from your account at any time, be sure he or she is trustworthy and responsible before you provide a card.

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