On-time payments
directly loaded to
the card
No need to expose sensitive financial data, distribute checks, or pay your employees in cash. Use Papaya Payroll Cards for instant, easy global payroll payments in any currency.
Pay your employees the
way they prefer
Employees can choose to split their payroll payment between their card and bank account in cases of international assignments or for better personal financial management.
Give your workers quick, easy, and secure access to their money
No need to open bank accounts, no more processing time for checks to clear, no expensive check-cashing fees and no risk of lost checks or cash. Safe and secure, your workers get instant access to their pay, anytime and everywhere.
FAQs
What is a prepaid payroll card?
A prepaid payroll card is a type of reloadable debit card onto which an employer can electronically load an employee’s wages or salary. Instead of issuing and distributing traditional paper checks or directly depositing funds into a bank account, employers can use prepaid payroll cards as an alternative, flexible method for paying their employees.
Are prepaid payroll cards safe?
Yes, prepaid payroll cards are considered safe. Here are several factors why:
- Fraud protection using a PIN protection code
- Lost or stolen card protection protocols
- No link to bank account
- Secure online access
- Compliance with regulations
How can employees use their Papaya Payroll Card?
Employees can use their Papaya Payroll Card to pay bills, spend on purchases, withdraw money – and access payment networks as they would using a credit card. But the cards are not credit cards. They cannot be used for overdrafts and do not offer lines of credit. They allow users the same flexibility as debit cards and other types of pre-paid cards.
Do employees need to qualify to get their Papaya Payroll Card?
Employees don’t need a specific credit score or any credit history to receive and pay using Papaya Payroll Card because it isn’t a credit card, it’s a prepaid card. Even employees have no bank account, they are qualified to receive and use the Papaya Payroll Card.
Do employees prefer working in a company offering a payroll card?
Payroll cards are gaining popularity in recent years as more employees move from physical cash to digital payments. With the growth of online bill payment and more stores accepting payments by card, payroll cards give employees greater mobile payment capabilities and more control over their money.
The Papaya Payroll Card is also an ideal solution for employees that prefer to receive their salaries in split payments between different currencies.
Boost productivity and performance
Boost productivity and performance, so you can focus on what matters — your business.