Paycom Rolls Out Vault Card
Paycom Software Inc., a leading provider of comprehensive, cloud-based human capital management software, has announced the launch of the Vault Visa® Payroll Card. With the Vault card and mobile app, employees can get paid up to two days earlier every payroll cycle. It is a financial lifeline for families in a time of high inflation and eliminates the need to spend money on fees for cashing a payroll check. For organizations, offering this convenient option provides a competitive edge to attract and retain employees while helping reduce the administrative burdens related to traditional checks.
Offered exclusively to clients of Paycom, Vault provides employees more control over their finances, including access to electronic deposit and 40,000 no-fee Allpoint® ATMs, commonly found at retailers like CVS® and Walgreens®, in the U.S. and Puerto Rico. Vault can also be used as an additional account for paying bills, shopping, vacations, entertainment spending and more.
Other advantages for employee Vault card users include:
- easy access to spending power everywhere Visa debit cards are accepted
- Visa’s Zero Liability fraud protection
- simple enrollment through Paycom’s Employee Self-Service®
- access to numerous exclusive offers and perks for Visa cardholders, including discounts for hotels, subscriptions, restaurants, retailers, services and more