Consumer Payment Card News

Global Payout

Global Payout is launching payroll debit cards to U.S. companies seeking to significantly reduce costs and improve efficiencies in payroll processing to its employees. The company will conduct an outbound telemarketing campaign beginning September 6, 2011 that will include contacting over 12,000 civilian U.S. companies in construction, hospitality, waste management, janitorial and employment agencies. The payroll debit card will enable employees without bank accounts to access cash immediately on payday without the expense and time of cashing checks. Employees will be given a free payroll debit card that can access cash at ATMs nationwide and purchase products and services at merchants or online stores. There will be no monthly service fee, customer service or point of sale fees and the first ATM withdrawal is free for each pay period.

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