Payroll Card
Bank of Oklahoma offers a new way for your company to pay your employees utilizing the security of direct deposit, even for employees who do not have personal checking accounts. Utilizing the Payroll Card, employers will have a complete paperless pay system providing employees a safe, convenient, and cost-effective alternative for receiving checks. Employees have several convenient methods to access their funds including, making withdraws at ATM's nationwide, receiving cash back from a merchant that accepts pin-based debit, using the Transcheck feature, and issuing ACH transfers to hometown banks.
Benefits
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Reduces the costs of production, distribution, fraud, and check related fees.
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Guaranteed acceptance of all employees with no credit checks maximizes direct deposit participation.
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Offers employees immediate and convenient access to their funds.
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Payroll cards are FDIC insured.
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