Payroll Cards
The IBC Bank Payroll Card is designed to take the place of a paycheck. This new payroll method enables the employer to deposit into a personal IBC Payroll Card on payday. Since the Payroll Card is reloadable, the employer can automatically load the wages each period.
Business Payroll Cards OverviewChecking Process Header
Employer Features
- Streamline the payroll process by electronically issuing all wages
- Ability to order Payroll Cards online and fund quickly
- Eliminate paper check costs
Employer Benefits
- Reduce the time spent issuing physical checks
- Improve employee productivity - no need to go to the bank to cash or deposit a payroll check
Employee Features
- Immediate access to wages earned on payday
- Withdraw cash at ATMs worldwide
- Purchase goods and services at millions of stores, restaurants, and other businesses
- Reduce the chance of fraud by eliminating the need for paper checks
Employee Benefits
- Convenient, fast and easy to use. No waiting on check approvals, no hassles
- Save money with no check-cashing fees and get cash without extra fees at many merchant locations
- Safer than carrying cash
- Convenient for employees who frequently travel for business
