The B3Workforce eFundsLink™ Card offers organizations secured and automated solutions for distributing all types of electronic payments including: payments to employees for payroll, manual/quick pays, incentive bonuses, commissions, expense reimbursement and termination payments.

Employees retain the option to maintain existing accounts or not any accounts at all.

Direct deposit is one way to reduce payroll costs, but, according to the American Payroll Association, an average of only 56% of employees participate in this option.

Payroll costs increase if your workforce has high turnover or a high percentage of minimum wage or unbanked employees. Now, there's an effective way to control payroll costs. B3's Payroll Electronic Funds Transfer Service automatically distributes payments to employees for payroll, bonuses, expense reimbursements, termination pay and other cash distribution needs.

As another important benefit, employees see this as a valuable company benefit. No more lost checks. No more high check-cashing fees. eFundsLink© provides instant access to pay funds if they are not in the workplace or available to receive funds on payday. It provides unbanked and minimum wage employees a safe and convenient way to access their paycheck without the need for a bank account. With their easy-to-use, PIN-secured pay card, employees can get cash at ATMs, make debit purchases, and make long distance phone calls. Card holders can also pay bills with easy-to-use convenience checks.

Your company can use its current payroll service to send us net payroll amounts to load on each card. You can also send off-cycle payments, such as expense reimbursements, directly to us.