Employer
Nuvo Pay Card, Employer Benefits
Seamless Integration
- Each Nuvo Pay Card has a routing and account number that works with the Direct Deposit program.
- Direct Deposit paychecks to payroll cards
- Offer a personalized Debit VISA® Card for more purchasing ability
Minimum fee to the Employer
- The Nuvo Pay card is offered for a minimum fee to the Employer
Everyone Qualifies
- All employees; banked, un-banked and credit challenged are eligible for the Nuvo Pay Card
- Purchasing capability up to the balance available in the account at all VISA Card® merchant locations
- Online and paper statements help employees track their spending and manage their finances
Employer Savings
- Reduce cost of reconciliation against payroll disbursement
- Eliminate Check Fraud
- Eliminate the expense of buying checks, envelops and postage
- No Lost/Stolen Check Replacement
- Eliminates tracking of un-claimed funds (payroll checks not cashed/received
- Eliminate cost of special disbursements such as final paychecks
Increased Productivity
- Free management staff from handling checks
- Employees do not leave work early to cash checks
- Simplify payroll distribution for all categories of employees including un-banked, contract, temporary, youth, part-time and remotely-located workers
- Better manage employee reimbursement
- Direct access to the paycheck the morning of payday