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Cost Savings and Employer Benefits of Switching to Payroll Cards

Posted:   December 17, 2012
According to a recent NACHA study, "companies can save anywhere from $2.87 to $3.15 per payment by using Direct Deposit instead of paper checks"(SOURCE: NACHA’s PayItGreen® Survey 2010).  If a company had 100 employees and was operating on a bi-weekly pay cycle, they would save $7,462 to $8,190 each year by...