Springbok launches enPay payroll cards to optimize clients’ payment processes

Springbok Services today introduced its enPay® prepaid payroll cards, a convenient and cost-effective alternative to paper payroll checks. As part of Springbok’s payroll offering, the company is also launching Springbok Bill Pay, an automated bill payment service to help cardholders fully leverage the value of their prepaid payroll cards. Springbok enPay payroll cards enable companies to lower costs and optimize payment processes by avoiding production, handling and distribution of checks, as well as eliminating the time constraints and fees associated with lost and stolen checks. With the cost to cut and mail checks approaching $2 each, employers can save nearly $50 per employee annually by using Springbok enPay payroll cards. Springbok enPay automates the payroll process by replacing paper-based payments with a reloadable Visa® prepaid card — reducing organizations’ operational expenses, minimizing check-related fees and improving security. Springbok enPay gives employees immediate access to their funds via more than 37,000 surcharge-free ATMs across the country and more than one million ATMs worldwide. Employees can also use their prepaid payroll cards to make purchases anywhere Visa debit cards are accepted. Additionally, Springbok enPay payroll cards provide greater security because cardholder funds are FDIC insured and Visa’s Zero Liability Policy protects cardholders against unauthorized purchases. In addition, cardholders can use their Springbok prepaid payroll cards to pay their bills. The new service launched today, Springbok Bill Pay, enables enPay payroll cardholders to schedule one-time or recurring payments online 24 x 7. John Nail, compensation product manager, Springbok Services, said: “Springbok understands that every implementation process is unique, and as such, we will provide each client with essential support to make their prepaid payroll card program a success. From project planning and enrollment training sessions to cardholder fulfillment and technical support, Springbok is fully committed to making every client’s payroll transition from paper checks to prepaid cards a seamless experience.”