How does it work?
Premium Payroll Card works just like any other credit or debit card but only lets the holder spend what credit has been added to the card.
Once the employee has registered their Premium Card, they will then be able to:
- Withdraw money from ATMs 24 hours a day
- Buy products over the counter
- Shop via phone and mail order
- Shop online
The Premium Card can be used everywhere that MasterCard® is accepted, which includes over 29 million locations worldwide. Just like any other MasterCard debit card it uses Chip and PIN for security.
It can be used to receive other forms of income such as benefits, and the card can be topped up at over 34,000 Post Office® and PayPoint locations nationwide. Cardholders can request up to four additional cards to share money with friends and family.
HOW DOES IT WORK FOR EMPLOYEES?
HOW DOES IT WORK FOR EMPLOYERS?