Reduce payroll processing costs
Eliminate check printing and processing, costly out-of-cycle checks and charges for reissued lost or stolen checks. Like direct deposit, escheatment activities will be handled by the bank.
Prepaid cards for business
Visa Prepaid cards simplify issuing payment—from payroll to promotions to benefits. And they help organizations save money by using safer, convenient electronic disbursements.
Prepaid payroll
Visa Payroll cards are a convenient way to pay both W2 and 1099 workers. Each pay period, employee pay is automatically loaded into their accounts, for instant easy access to funds.
Employees also have the added flexibility to manage their finances and make purchases in person and online, anywhere Visa debit cards are accepted. Of the surveyed payroll cardholders surveyed, 83% said they are very or extremely satisfied with their card.
Explore Visa Payroll and its benefits
The Visa Payroll card is easy to implement and provides a convenient, cost-effective alternative for disbursing salary and wages via traditional checks. Employees appreciate the convenience of instantly getting paid and all the benefits of a Visa Payroll card. Plus, your finance team will appreciate the efficiency of electronic pay.
Efficient and secure payments
Streamline payroll operations and expand direct deposit to all employees – even without a personal bank account – with electronic payments delivered on time.
Convenient for employees
Visa Payroll cards can be used anywhere Visa debit cards are accepted. They give your employees a fast, convenient way to get their pay, make purchases, pay bills and help manage their money.
Prepaid healthcare
Visa healthcare cards connect employees directly to their health benefit funds, and are as easy to use as debit cards.
Prepaid incentives
A cost-efficient way to reward behavior, drive revenue and build brand value.
Rebates
The better the rebate, the better the results. Visa Incentive cards are an economical, flexible, and easy-to-use alternative to time-consuming paper-based rebate check programs.
Types
- Manufacturer rebates
- Retailer rebates
- Mail-in rebates
- Instant rebates
Benefits
- Motivates purchases and drives sales
- Streamlined distribution lowers related costs
- Faster to execute than traditional incentive solutions
- Allows direct spend to specific merchant category codes—such as gas merchants or the retailer providing the rebate—for maximum program control
Consumer promotions
Visa Prepaid cards are easy to use and completely customizable. Plus, Visa's flexible platform can support a full range of uniquely branded promotions to meet your consumer program objectives.
Use Visa incentive cards for consumer promotions
- Automobile test drives
- New product trials
- Sweepstakes-based incentives
- Subscription-based incentives (such as cell phone subscriptions)
- Customer goodwill and appreciation
- Tradeshow traffic builder
Get measurable benefits
- Custom-designed cards generate brand awareness with each use
- Imprint the cardholder’s name for a personalized touch
- Select non-personalized cards for instant issuance
- Virtual cards are available for promotions involving small denominations
Channel incentives
Your channel partners will appreciate the convenience and choice. Your Finance Department will appreciate the streamlined costs.
Visa Incentive cards motivate third-party sales partners by putting flexible financial rewards in the palm of their hands. You can set rewards to dollar volume or sales of specific products.
Uses
- Increase overall sales/purchase volume
- Distribute direct-selling commission payments
- Promote a particular product or line
- Encourage new product training
- Launch new products
Benefits
- Scalable reward amounts support any volume of incremental sales
- Reduces operating costs compared to traditional reward programs
- Pays commission sales associates faster and more efficiently
- Enables clear messaging to support your goals
- Faster to execute, so you can recognize results in a timely manner
- Allows direct spend to specific merchant category codes—such as travel-related merchants—for maximum program control
- Easily distribute cards to international recipients
- Optional reloadability is perfect for ongoing programs
Employee rewards
Take the guesswork out of sales and marketing incentives. Use the cards to recognize service, pay out bonuses, reward sales performance or commemorate sales training completion.
They can also help achieve specific business objectives, such as improving customer service or job safety, driving sales targets, and cross-selling products.
Give the reward they'll remember
- Sales awards
- Bonuses
- Service awards for recognizing employee tenure
- Performance recognition
- Health and wellness rewards
- Workplace safety awards
- Gifting
- Training completion
- Employee referrals
- Sales referrals
- Commissions
Benefits
- Create lasting appreciation by offering choice and value
- Reduce operating costs
- Allows direct spend to specific merchant category codes—such as travel-related merchants—for maximum program control
- Easily distribute cards to international recipients
- Optional reloadability is perfect for ongoing programs
Prepaid insurance
Simplify insurance claim disbursements for both carriers and consumer.
Contact us for information at claimscard@visa.com.
Prepaid insurance solutions
Give insurance carriers the flexibility to make multiple claim disbursements on a single reloadable prepaid card or a one-time disbursement on a non-reloadable product.
Claimants enjoy the security and convenience of immediate access to funds, even if they do not have a bank account, and insurance carriers can reduce the time and cost of claims payments.
- Workers Compensation
- Disability
- Property and Casualty
- Auto