Prominvestbank, an official member of VISA Int. and MasterCard Int., offers world-class services involving payment of your employees’ salaries to Prominvestbank-issued international plastic cards: Maestro, MasterCard Electronic, MasterCard Mass, MasterCard Gold, MasterCard Platinum, VISA Electron (personified or non-personified instant cards), VISA Classic, VISA Gold, and VISA Platinum.
Advantages for a company and its employees from implementing a payroll card project
!!! ELEVEN PLUSES !!! for companies and their employees: payroll project involving the use of Prominvestbank international payment cards
+ Savings of working time
Since your employees may receive their wages credited to an international payment card during off-hours at ATMs or cash dispensers operated 24 hours or during extended hours (for example, from 6 am to 11 pm), the wage disbursement period is thus extended, peak load is removed,you’re your company’s forced idling is eliminated.
+ Financial savings
Your company pays the bank a fee based on payroll amount and annual service fee. At the same time, you save on the cash delivery, storage, and transportation costs and remove additional workload from your cash office.
+ Taking care of employees
Our bank pays interest on the daily balance of your employees’ card accounts, thus increasing their actual income without additional efforts on your company’s part.
+ Organizational advantages
We remove the problem of depositing back the undisbursed wages. The procedure of drafting cash plan is made simpler.
Companies which have branches in other regions are able to pay wages on a centralized basis.
+ Confidentiality
Information about the wage amount is available only to the accounting department and the employee concerned.
+ Creation of innovative image of your company, which keeps pace with time and has capacity for innovations
Payment options with the use of international payment cards within the company (canteen, company stores, etc.). With such payment system available, the company receives an additional source of income from new customers – holders of international cards issued by other banks – members of payment systems, while the company’s employees receive a universal payment instrument which guarantees them complete independence from availability of cash.
+ Convenient use
There will be no inconveniences associated with the use of cash.
Prominvestbank offers every employee of customer’s company an opportunity to:
- withdraw cash and pay for goods (services) in almost any country of the world in local currency (Prominvestbank will convert the transaction amount at the average market exchange rate);
- withdraw cash outside Ukraine without the need to complete customs declarations for foreign currency taken abroad;
- open additional cards for himself or his family members, in addition to the main card;
- pay housing maintenance, utility, and telephone bills and pay for mobile communication services at ATMs using payroll card.
+ Guaranteed safety of funds
If your payroll card is lost or stolen but you have promptly reported the loss or theft to the bank, all your employee loses is the ‘plastic’, while his money will be safe.
+ Additional income
The Bank pays interest on the daily balance of payroll card account and adds monthly interest amount to the account balance.
Your employees may deposit free funds to their card accounts and earn additional income in interest.
+ Controlled expenses
Our bank provides holders of payroll cards monthly statements of card account activity. Also, cardholders may receive information about current account balance or statement of last transactions at any Prominvestbank ATM using their payroll card.
