News

McDonald's offerng payroll cards to employees

September 19, 2012

McDonald's USA has selected FSV Payment Systems Inc. to be its provider of payroll card services for all of McDonald's company-owned restaurants. The PaycheckPLUS Elite Visa Payroll Card, issued by Comerica Bank, will be offered to more than 80,000 employees at McDonald's restaurants throughout the country. 

"As a leading provider of prepaid card products and processing services, we feel that McDonald's USA's selection of FSV is an endorsement of FSV's leadership in creating tailored pay card solutions with a focus on maximizing electronic wage settlement," said FSV CEO Rick Savard. 

FSV and McDonald’s USA are working together to create a payroll card program specifically for employees of McDonald’s U.S. company-owned restaurants that delivers both value and a suite of card features, including a cash back rewards program, text/email notifications and access to money quicker than paper checks, as well as providing a resource for basic financial literacy. The cards can be used everywhere that VISA and debit cards are accepted.

"With the help of FSV, we’re offering a pay card that elevates the employment experience for our restaurant employees and simplifies administration for our restaurant managers,” said Michael Nicholas, McOpCo HR Officer.

Read more about operations management.