Business

Prepaid payroll cards expected to beat out paper checks in 2015

Prepaid payroll cards expected to beat out paper checks in 2015

Prepaid payroll cards expected to beat out paper checks in 2015Prepaid payroll cards are growing rapidly and looking to beat paper checks because companies preferred to have a backup alternative for direct deposit. In USA last year there were 6 million prepaid payroll cardholders & about 8 million workers paid by paper check.  Analysis showing that that figure will be much higher at the end of 2015.

Prepaid payroll cards expected to beat out paper checks in 2015There are cost effective and convenience are the main advantages which promoting payroll cards to replace paper checks.

 

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@iMZahidIqbal @iMZahidIqbal

Writing about developing World technologies and entrepreneurship. Associate at Microsoft BizSpark & International Development Innovation Network. Follow me on Twitter and Facebook.

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