TFG Card Solutions, a payroll card services provider, has partnered with The Wetsel Company, a Sonic Drive-In franchisee, to provide payroll cards to employees at its six restaurants. Employees without a bank account are provided with a Visa payroll debit card to receive their paycheck via direct deposit.
As a result, their unbanked employees are able to avoid high check-cashing fees, money orders and other expenses related to paper paychecks. Employees can now access their money at millions of locations around the world and avoid the hassles of cash.
"With the help of TFG, we're offering a cost saving benefit that only enhances our employment experience," said Kevin Knutson, director of Operations at The Wetsel Company. "TFG's Visa Paycard allows our employees without a bank account to have immediate access to their paycheck, make daily purchases and withdraw cash at millions of locations."
TFG has been offering US employers payroll debit cards to increase direct deposit participation since 2004. Payroll cards provide unbanked employees a safe, secure and convenient way to access their funds at any time.
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