Custom Prepaid Solutions
Operating a business has many layers. At The Bank of Northern Michigan, our goal is to make it easier for you to focus on what your passion is. As you look to transition employees from payroll checks to direct deposit and Pay Cards, look to us for guidance. We’ve done the research and found a vendor you can trust to meet your Pay Card needs.
What are Pay Cards?
Pay Card is a prepaid card that offers the functionality and capabilities of a check-less bank account including debit, bill pay, mobile alerts, card-to-card and card-to-bank transfers, and transaction level budgets. Prepaid cards allow for the efficient distribution of money. No checks, no coupons and no cash.
Who is Global Cash Card?
The Bank of Northern Michigan has partnered with Global Cash Card, the leading provider in customized pay card solutions that are simple to implement and easy-to-use. Global Cash Card is a direct processor on the financial networks and is PCI Level 1 Compliant, SAS 70 Type II, Regulation E and 100% payroll compliant.
- Reduces payroll expenses by eliminating check costs
- Provides unbanked employees an inexpensive solution to receive wages
- Reduces paper check fraud
- Eliminates escheatment
- FDIC insured
- Global Cash Card offers 24/7/365 bilingual customer service.
- Easy access of funds for cardholders
If one or more of these purposes fits your Business’ needs, give us a call today. Or, for more information on Pay Card Solutions, view our Pay Card Brochure.