A pay card is a prepaid, reloadable card, similar to a debit card, that employee wages can be loaded to each pay period.

Payments are loaded electronically and employees need only to activate the card to receive their wages. Access to funds is immediate. Pay cards are issued by a bank, with a license from Visa or MasterCard, and can be used for cash withdrawals at ATMs, bill payments and wherever credit and debit cards are accepted.