Sage Payroll PayCard Employer Benefits

• Reduces payroll costs
• Easy integration with current payroll
• Uses ACH direct deposit system (no new infrastructure needed)
• Operates with your payroll provider
• Processes daily ACH
• Simple, user-friendly set up
• Easy, online employee enrollment
• Stops check fraud and lost/stolen checks
• Eliminates check verification and reconciliation process
• Can be used for reimbursement, bonuses and immediate cash
• Saves your employees money

Why Should I Offer a Sage Payroll PayCard to My Employees

• 10.6 percent of US household do not have checking accounts (Survey of Consumer Affairs, Federal Reserve)
• 80 million consumers do not have checking accounts or have limited credit (Visa® Dec. ‘06)
• Americans spend roughly $1 billion in check cashing fees (Visa® Dec. '06)
• National check cashing costs are approximately 1 to 6% of a person’s pay

What are the Benefits for My Employees

• Cost Savings- Sage Payroll PayCard eliminates the need for costly check cashing services.
• Independence-Employees don’t need to ask relatives or friends to cash paychecks or pay bills on their behalf.
• Freedom-Cash access and purchasing at millions of Visa® acceptance locations worldwide allow employees to control their funds while encouraging increased personal financial management.
• Dignity-Employees have the prestige of carrying a Visa®-marked product.
• Safety-Employees can obtain cash in the increments they need to meet their immediate needs, rather than cashing their checks for the full amount of their pay.
• Loss Prevention-Unlike cash, a lost or stolen Sage Payroll PayCard can be replaced with its full remaining stored value. And, Visa® transactions have dispute rights and zero-liability policies.
• Time Savings-With so many locations to access cash, employees can avoid waiting in check cashing lines on paydays.
• Convenience-Employees can receive and access their pay even when they’re not on the job on payday.