| The prepaid U.S. Bank AccelaPay Visa Card replaces costly paper checks in a broad range of recurring business cash disbursement needs including payroll, commissions, travel advances and insurance claim distributions.
How It Works
Businesses deposit funds to an AccelaPay Visa Card account just like a direct deposit to a checking account. Cardholders can then access the funds transferred to the card at most ATMs or by making a purchase at any merchant that accepts Visa debit cards. Anyone is eligible for the card, and there are no customer credit checks or bank accounts required.
The card is available to large business clients with several hundred individuals receiving paper checks each month.
Business Benefits:
- Cost savings - Reduce payment expenses by replacing costly paper checks with an efficient electronic payment solution. All funds are transferred into the account through ACH.
- Versatility - Use the card for a broad range of recurring business cash disbursement needs including payroll, commissions, travel advances, incentives and insurance claim distributions.
Employee Benefits:
- Convenience - Funds are automatically loaded to the card, so there's no need to cash or deposit a check.
- Visa acceptance - Accepted at millions of locations that accept Visa debit cards worldwide, as well as most ATMs.
- Flexibility - It's a great way to keep separate funds for vacations, gifts or day-to-day expenses.
- Security - If the card is lost or stolen, the funds are protected with Visa's Zero Liability policy.
- Track spending - Customers receive a detailed monthly account statement.
- Recurring payments - Cardholders can use it to pay many recurring bills like utilities, health care and subscriptions.
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