What is the Premium Card?
Premium Payroll Card is the Prepaid MasterCard® from Edenred. It provides employers with a simple, secure and cost-effective alternative to cash and cheques for managing payroll.
There are more than 2.5 million people in the UK without access to banking facilities. Many more work in temporary positions.
With the Premium Payroll Card, temporary and unbanked employees can be paid electronically, as part of your normal payroll process. Premium is more cost-effective than cheques, more secure than cash and approval is 100% guaranteed*.
The Premium Card itself looks and works just like a normal prepaid credit or debit MasterCard card, but with no overdraft or credit facilities users can only spend what they load. No bank account is required, and employees can access their funds at ATMs 24/7.
Premium can be used at any one of the 29 million shops and stores worldwide that form the MasterCard network, as well as for online shopping and to pay bills.
* Subject to ID verification
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