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Payroll Card
The VNB Payroll Card is a pre-paid debit card issued by Virginia National Bank, embossed with the employee's name and the VISA® logo. The payroll card allows employees access to cash at ATMs and to make purchases at retailers that accept debit cards.
How It Works:
Employers set up individual accounts for each employee via the employer website portal. Once this is complete, a VNB Payroll Card will be immediately sent to each employee. The employer then funds the card using an ACH funding credit just as they would with direct deposit payroll. The employee can access their funds by using an ATM, entering a PIN at purchase like a traditional debit card or using the card like a credit card by signing a receipt. The employer reloads the cards each payday.
With the VNB Payroll Card, employees will no longer have to leave the workplace during business hours to cash their paycheck. A payroll card is safer than carrying cash and funds are available immediately.
For more information, call VNB's Treasury Management, 434.817.8544.
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