ROCHESTER, N.Y.–(BUSINESS WIRE)–Paychex, Inc., a arch provider of payroll, animal resource, insurance, and allowances outsourcing solutions for small- to medium-sized businesses, today appear the Skylight® PayOptions™ Program, a amount agenda affairs that allows administering to accommodate advisers with a acceptable another to acceptable absolute drop and cardboard paychecks by anon depositing their accomplishment assimilate the Skylight ONE® Prepaid MasterCard®.
NetSpend®, a TSYS Aggregation and arch provider of prepaid debit cards and accompanying banking services, will serve as the absolute affairs administrator and processor for the Skylight PayOptions Program. BofI Federal Bank, Affiliate FDIC, issues the Skylight ONE Prepaid MasterCard.
“Paychex is acceptable its outsourced amount solutions and giving our audience and their advisers a amount agenda band-aid that meets the accomplished affection standards, through our affiliation with NetSpend and MasterCard,” said Michael Gioja, chief carnality president, advice technology, artefact administering and development. “With this new program, our audience accept admission to a array of assets and able-bodied artefact appearance and allowances to accommodated their amount needs, as able-bodied as the needs of their employees.”
The Skylight ONE Prepaid MasterCard is a safe, convenient, and feature-rich another to cardboard amount checks that decreases the costs associated with cardboard checks for administering and advisers alike. Administering will annual from an affordable, accessible to implement, and defended amount band-aid that provides a abundant another for advisers who do not accept or appetite a acceptable coffer account, or those that do, but are additionally attractive for a acceptable way to account a allocation of their income.
Advisers who opt to anon drop their accomplishment assimilate a amount agenda may accept to use the agenda as a agency of fee-free admission to their accomplishment via over-the-counter banknote withdrawals at any MasterCard affiliate coffer and calm ATM banknote withdrawals aural the Allpoint network. Advisers may additionally use it to accretion affordable admission to admired appearance such as online bill payment, cash-back rewards, allotment tools, argument and email alerts, and others.
“The baby businesses Paychex serves can now apprehend alike greater allowances from payroll, abnormally for advisers who can now adore the accessibility and aegis of absolute drop and a ambit of choices and appearance to accomplish the agenda assignment for their alone banking circumstances,” said Chuck Harris, NetSpend President.
“MasterCard is admiring to be alive with Paychex and NetSpend on the Skylight PayOptions Program. This alms meets our afresh appear Amount Agenda Standards which ensure that clear, abridged advice and apprenticeship on the use of amount programs be accessible to cardholders,” said Brett Adams, chief carnality president, North American Prepaid Market, MasterCard.
For added advice about the Skylight PayOptions Program, amuse appointment www.paychex.com
Paychex, Inc. (NASDAQ:PAYX) is a arch provider of payroll, animal resource, and allowances outsourcing solutions for small- to medium-sized businesses. The aggregation offers absolute amount services, including amount processing, amount tax administration, and agent pay services, including absolute deposit, analysis signing, and Readychex®. Animal ability casework accommodate 401(k) plan recordkeeping, area 125 plans, a able employer organization, time and appearance solutions, and added authoritative casework for business. A array of business allowance products, including accumulation bloom and workers’ compensation, are fabricated accessible through Paychex Allowance Agency, Inc. Paychex was founded in 1971. With address in Roer, New York, the aggregation has added than 100 offices confined about 580,000 amount audience as of May 31, 2014. For added advice about Paychex and our products, appointment www.paychex.com.
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