Employer-issued payroll cards are reloadable and brandable, and a cost-effective solution for underbanked workers
ATLANTA, GA (January 12, 2020) – KyckGlobal Inc., the digital payments firm offering the broadest available array of payment types from a single point of reconciliation, announced it will now provide rapid! PayCard, powered by Green Dot, as a payment solution issued from the KyckGlobal platform.
KyckGlobal provides a cloud-based technology layer featuring a growing array of high-value endpoints from which payment recipients may select. All the payment types originate from a single point of funding and reconciliation. Pay cards are now among the payment methods available from the KyckGlobal platform, a reloadable prepaid card onto which employers may electronically load employees’ wage payments. rapid! PayCards may be customized to promote the payer’s brand and are an attractive solution for employers with unbanked or underbanked workers.
“The KyckGlobal platform currently offers cash disbursements for unbanked workers, but pay cards are a more convenient solution for salaried employees,” said Ashish Bahl, founder and CEO of KyckGlobal. “We wanted the most trusted name in pay cards, which is why we chose rapid! PayCard.”
rapid! PayCard is specifically designed to serve the needs of employers and their employees, helping them offer a fully legally compliant ePayroll program that provides significant cost savings over paper checks and wage statements, benefits for cardholders, and a more environmentally sustainable model for payroll delivery.
About KyckGlobal, Inc.
KyckGlobal delivers streamlined outbound B:C payments to help accelerate business, featuring a cloud-based platform with a growing array of today’s most popular payment types from a single point of reconciliation. The KyckGlobal solution improves the customer experience with more inclusive payment types and various options for faster payments. For corporates, the solution can reduce overhead with automated workflows and reporting, while engaging workers as to how and when they get paid. By allowing payers to issue one-time and recurring payments from one integrated platform, KyckGlobal is helping to transform how business gets done in the key verticals of specialty consumer finance, marketplaces and staffing, claims and appeasements, and multi-level marketing, among others. Visit www.kyckglobal.com and @KyckGlobal.