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Spectrum Payroll Card

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Regions Bank Treasury Management Services provides an innovative and cost-effective alternative to processing payroll checks. With the Spectrum Card you can now offer your employees the convenience and security of a stored-value card payroll solution that benefits both employers and employees alike.

FAQs

With the Spectrum Card, Employers benefit from all of the following:

  • Time Savings. By moving toward a totally electronic payroll solution.
  • Added Employee Benefit. Offer your employees the convenience of a debit card and a secure way to manage their money.
  • Reduce Administrative Costs. Decrease the cost associated with issuing payroll checks, replacing checks and stopping payments of lost checks.
  • Less Potential for Fraud. Reduce the possibility of fraud loss associated with issuing checks.
  • Added Employee Benefit. Offer your employees the convenience of a debit card and a secure way to manage their money.

Spectrum Card gives Employees these important benefits:

  • Money immediately available. Their pay is immediately available on the card each payday - no matter where they are. They will no longer need to pick-up a paycheck.
  • Convenient and Cost-Effective. They will no longer have to pay check-cashing fees or spend time standing in line to cash their check, because the pay is on the card and ready to use.
  • Safe and Secure. Employees will enjoy the safety of having their pay on a Spectrum Card - they no longer have to carry cash.
  • Better Managed. Employees will be able to manage their money more efficiently by receiving personal monthly statements of their card activity.

Current clients: contact Commercial Client Services by calling 1-800-787-3905 or please complete this form.