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Paymast’r is uniquely qualified to provide an alternative to EBT cash aid recipients. Since 1996 our company has provided electronic payment cards for payroll clients and companies looking to streamline their payroll distribution.
Government has the same issues that an employer does. Distributing funds to an un-banked individual is costly. Warrants are subject to fraud and loss, bank fees charged to clear the warrants continue to increase, and the reconciliation of paper items also is inefficient.
Our company has participated in several government projects that show the use of an electronic payment card lowers overall cost of distributing cash aid. Participants prefer the card over EBT as it lowers the stigma associated with an EBT card. The Visa branded card also is more useful than EBT. The electronic payment card can be used anywhere Visa debit cards are accepted worldwide including on-line. |
