Altair’s prepaid program for NorthgateArinso employees

NorthgateArinso the leading global Human Resources software and services provider entered into a partnership agreement with Altair Financial Services International (Altair), a leading prepaid business solutions provider, to implement its prepaid card program. Under this program employers will be able to pay directly on to the NorthgateArinso Essential Prepaid MasterCard and to support compliance with immigration legislation.

NorthgateArinso administers more than 20 million employees across the globe. Essential Prepaid MasterCard is expected to benefit seasonal workers and employees migrating to the United Kingdom. The cards will be issued exclusively to employees that can prove they have a valid work permit. Thus the businesses will have to carry out 'right to work checks' on foreign workers. As long as no credit history is required when issuing a prepaid card, the Essential Prepaid MasterCard will also be available to UK residents with poor credit ratings.

Among the advantages of the prepaid program cited by Altair there is an opportunity for employees to receive funds on an Essential Card rather than having to cash a check. In addition they will have access to shopping on the Internet or through the traditional retail environment. Employees using the card receive their salaries on the same day as other colleagues. The Essential Prepaid MasterCard cards can be used for purchases at over 25 million merchant locations globally and to access cash at over 1.2 million ATMs wherever cardholders see the MasterCard Acceptance Mark.

Source: Altair Financial Services International