DES MOINES, Iowa — TMG has begun making its payroll card, called ATIRApay, available industry wide. The payroll card product, part of the card processing CUSO's ATIRA line of prepaid cards, has been on a beta test since its "soft launch" in 2007, TMG said.

|

During the test period more than 40,000 U.S. employees started using the cards, the CUSO reported. During the test period the CUSO tested the product and enhanced its functionality.

|

"It costs an average of $2 to $20 per employee to process traditional payroll checks," said Jeff Falk, TMG director of product development. "Employers looking to save that expense are finding ATIRApay a great solution. Not only does this solution provide a cost savings for the employers, it provides employees faster access to their cash, eliminating the need for locating check cashers. The card also provides a way to enhance the services credit unions provide to their members."

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.