MTM Cash Card can do all of your payroll processing functions for you, including deductions and then load your employees pay to their MTM Cash CardTM at a fraction of the cost of traditonal payroll services. MTMCash Card can also post your employees paystub online, saving you additional time and money.
BENEFITS TO EMPLOYERS
The MTM Cash CardTM is a re-loadable, reusable prepaid ATM debit card that allows employers to offer direct deposit to those employees who do not have a bank account. It saves your business time and money. It also provides employees a new, flexible, cost effective way to get paid.
The MTM Cash CardTM is a guaranteed issue debit card, allowing the cardholder to enjoy the benefits of direct deposit while saving employers up to $2 for every paper check eliminated.
Cardholders have access to their pay 24 hours a day, 7 days a week via millions of ATM's and Point-Of-Sale Terminals at grocery stores, gas stations and other merchants that accept debit cards.
Employers will greatly increase direct deposit participation and realize the following benefits:
• By converting a greater percentage of employee's to direct deposit.
• Up to $2.00 per check when you eliminate check distribution costs, lost checks, fraudulent checks, payroll corrections and termination pay.
• By eliminating administrative costs associated with check preparation, printing, cashing and account reconciliation.
• By eliminating those "I haven't received my check" calls.
• The cost of reduced employee turnover when the MTM Cash Card is implemented and you provide employees with the functionality, convenience and the purchasing power of a debit card.
• By utilizing our electronic pay stub distribution system.
Payroll Card For Employees
BENEFITS TO EMPLOYEES
The MTM Cash CardTM allows employees without bank accounts to receive compensation by direct deposit.
The MTM Cash CardTM is a guaranteed issue, allowing the cardholder to enjoy the benefits of direct deposit while saving employers up to $2.00 for every paper check eliminated.
Cardholders have access to their pay 24 hours a day, 7 days a week via millions of ATM's and Point-Of-Sale Terminals at grocery stores, gas stations and other merchants that accept debit cards.
Employees realize the following benefits:
SAVE!!!
• Time by accessing pay at millions of ATM's and Point-of-Sales terminals.
• No annual or monthly fees. Minimum fees are charged for transactions.
• The high cost of check cashing which is typically 2% to 7% of the check value.
• No insufficient or overdraft charges.
• No finance or interest charges.
• No late payment or over limit charges.
• The high cost of transferring money worldwide by using our card-to-card feature.
• Time and money by using our convenience check feature to pay bills.
• No bank account needed.
• No credit verification. The MTM Cash CardTM is a guaranteed issue.
• Check your card balance and transactions by toll free telephone or by our secured web site.
• Reduces risk of robbery because there is no need to carry cash.
