2015 Paybefore Awards: Outstanding Pay Solution – Program

Outstanding Pay Solution-Program – Global Cash Card for Popeyes: Rachel Benning, MasterCard Worldwide, and Michelle Mandell, Global Cash Card

Best use of a network branded prepaid card by an employer or third-party service provider for distribution of payroll.

Best-in-Category: Global Cash Card for Popeyes
Global Cash Card
MasterCard Worldwide

Payroll program supports restaurant chain’s Go Green initiative, eliminating paper checks within a massive retail operation to better serve the company and crew members.

Partners: MasterCard, network; Global Cash Card, processor and program manager

Secret Sauce:

• 100 percent electronic pay participation achieved over 4 months, from initial rate of only 36 percent.
• Field-level training and communications effort to support full adoption and product understanding.
• Better money management solution for many employees who were previously utilizing high-cost check-cashing services.
• Reloads: additional pay, government benefits and tax refunds at no charge; cash through Western Union and MoneyGram at nominal fee.
• Cardholder support in English and Spanish.

Bottom Line: Partnership between employer and vendor focused on delivering an electronic pay goal in short order through concentrated training, field support and a proven solution. This in-person approach established trust throughout the organization to ultimately achieve 100 percent adoption among ongoing employees.

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Winner: Walmart Money Network Payroll Distribution Service
Walmart
Money Network, a First Data Company

Walmart constantly reinvests to develop innovative features and tools, including a mobile app Quick View and secondary card, for its secure and cost-effective paycard program.

Partners: MetaBank, issuer; MasterCard, network; First Data, processor and program manager; Walmart, employer

Secret Sauce:

• More than 95 percent of Walmart associates receive some form of electronic payment.
• Cash out to the penny, one free out-of-network ATM withdrawal per pay period, no-cost ACH transfers to personal bank account, Money Network checks, online bill pay, gas discounts, secondary card, transportable, mobile app.
• Reloads: government benefits, tax refunds, other wages, child support, any Walmart or Sam’s Club register and 150,000 cash reload locations nationwide.
• Strong communication and education to teach cardholders how to use card at no charge.

Bottom Line: The largest paycard program in the U.S., Walmart emphasizes associate choice and access to wages and paystub information, while providing free and low-cost options for associates to manage their funds.

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Winner: Brink’s Money Prepaid MasterCard
Brink’s Inc.
MasterCard Worldwide
Skylight Financial

Trusted Brink’s brand delivers paycard with industry-leading cardholder features, including budgeting tools and rewards, and significant employer benefits.

Partners: MasterCard, network; Skylight Financial (a subsidiary of NetSpend, a TSYS company), processor and program manager

Secret Sauce:

• Best-in-class solution combines NetSpend’s cutting-edge processing platform and Brink’s brand equity with 150 years of excellence in operational history, integrity and trust.
• Stand-out features: online bill pay, savings purse, convenience checks, budgeting tools, payback rewards, joint accounts.

Bottom Line: Backed by a reputable brand name, the program delivers a low-cost, full-featured payroll card account. Employers enjoy significant cost saving by reducing or eliminating paper checks, and employees gain financial peace of mind.