Capital Prepaid Services builds corporate prepaid card programs to address a number of opportunities and challenges found in today's business environment.
For companies whose employees don't have bank accounts, and who need a convenient, inexpensive way to pay these employees, a reloadable prepaid card is the perfect solution. Each pay period, the company can add the value of the employee's paycheck onto the card. The money is immediately available to the employee and there are no check cashing hassles.
The prepaid card is a great way to reimburse employees for expenses and to provide bonuses or incentive rewards to top performers.
In addition, companies can use prepaid cards, whether they load one time or multiple times. Distribute rebates, refunds, or other disbursements to customers, employees, and suppliers.