Discover Network Payroll Cards offer employees the immediacy of cash without the risk. Funds are automatically loaded onto a personalized payroll card and can be used immediately at millions of merchant and cash-access locations.

A Discover Network Payroll Card provides employees with immediate access to their money. Added security plus all the convenience of a credit card, Payroll Cards allow employers to avoid replacing lost or stolen checks and avoid the chances of incurring stop-payment fees.

The Discover Network Payroll Card is similar to a direct deposit transaction, although no checking account is needed. Since no credit check is required, an employee’s pay can be loaded onto a card, regardless of credit history. Because the Discover Network Payroll Card provides a comprehensive record of every transaction, employees have better control over their expenses. They can check balances, track spending and manage accounts anytime of the day or night—online or over the phone.

Payroll Cards reduce the average $1 to $2 cost of processing a paper check^* and eliminate the average $8-$10 cost to replace a lost or stolen check^*. They also help employers avoid shipping or postage fees associated with paying off-site employees, while minimizing the risk of theft, loss and fraud.
^*Source: Prepaid Card Solutions, January/February 2007.

Instead of cashing paychecks at expensive currency exchanges, an employee’s pay is automatically reloaded onto the Payroll Card each pay period, saving the employee money on check-cashing fees. Employees can use them just like a debit or credit card on everything from groceries to airline tickets or online shopping. They can even use Discover Network Payroll Cards for purchasing electronic money orders and paying bills.

Employees will no longer need to physically pick up their paycheck or wait in long lines to cash them. With their pay already securely preloaded onto a Payroll Card, employees can minimize the need to have large sums of cash on hand while reducing the risk of having wages lost or stolen.