An explosion of new payment methods introduced over the past decade has reshaped how consumers pay for goods and services, and how they manage their spending and finances. Those consumer trends are creating new challenges and opportunities for employers when it comes to how they pay their employees—particularly with so many alternatives to traditional banking services. 

This guide is focused on helping employers to better understand the opportunities presented by pay cards, and to clarify some of compliance (bank, state and federal) challenges that may otherwise stand between them and an alternative method of pay that presents tremendous benefits to employer and employee, alike.