Springbok Launches Prepaid Payroll, Automated Bill Pay

Published: 30-Jun-2009

To offer clients flexibility in payment processes

Springbok Services has introduced enPay prepaid payroll cards, a green alternative to paper payroll checks. As part of its payroll offering, the company is also launching Springbok Bill Pay, an automated bill payment service to help cardholders leverage the value of their prepaid payroll cards.

Springbok said that enPay automates the payroll process by replacing paper-based payments with a re-loadable Visa prepaid card, reducing operational expenses, minimizing check-related fees and improving security. Employers can customize their enPay prepaid payroll card, distribute the enPay cards to employees, and then upload funds directly to the payroll card to pay salaries, reimburse out-of-pocket expenses, pay bonuses and commissions, or fulfill termination payments.

Springbok further added that enPay gives employees immediate access to their funds via more than 37,000 surcharge-free ATMs across the country, and over one million ATMs worldwide. Additionally, enPay payroll cards provide greater security because cardholder funds are FDIC insured and Visa’s Zero Liability Policy1 protects cardholders against unauthorized purchases.

Englewood, Colorado-based Springbok Services provides customized, multi-touch prepaid MasterCard and Visa prepaid card programs. It offers complete lifecycle management of prepaid card programs from program development and card fulfillment to transaction processing and reporting.

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