Quote:
Originally Posted by JamesChoopa
Does anyone use Payoneer to pay employees and such? It seems more and more people are coming around with Payoneer cards with companies they don't directly work for listed on the card. Seems companies are giving pre-paid debit cards to employees, freelancers, etc and simply funding the card instead of issuing checks to people around the world.
Anyone else doing this or seeing this?
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In most cases its cheaper and quicker for people to use a debit card than a check.
Take
RedPass for example a company to make 100 payments it would cost $1.5 per payment (example, it can be done cheaper) with the work involved its cheaper than issuing a check and the affiliate/employee will have access to their funds instantly instead of waiting for the check and then cashing the check which could take 60+ days total depending on location, on top no issues with lost checks, bouncing checks and so on.
If you are interested in a debit card solution send me a mail and we can take it from there.