Why go through the hassle of taking out your money when you can use a much easier way to pay something? Introducing prepaid cash card. Nowadays people are always on the go and rushing towards work. A prepaid cash card with no information about the owner and carrying at least the following information: a unique card identification number in both visible (i.e., humanly readable) and encoded forms, and an encoded unique personal identification number (PIN) for the card owner. A printed receipt issued with the card displays the PIN in visible form. To initiate a transaction the user must give both the card identification number and the PIN.
What is the PrePaid Cash Card Process?
- Complete application
- Send to SBF with minimal startup fee
- Processor prepares card and sends to employee
- Employee gives routing, account number and deposit
- amount to employer
- The PrePaid Cash Card is loaded from future direct
deposit files
How can you use prepaid cash cards?
- Gift card – Send a cash card in their name
- Allowance Card - No Age Issues
- Travel & Budget Card - Manage Payments,
- Book Rooms and Car Rentals
- Commissions Card - Great for 1099 recipients
- Payroll Card
- Teen Card - Give teens purchasing power, no age issues
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