FSV Payment Systems, a leader in the stored-value and prepaid debit card industry, today announced successful integration of PaychekPLUS! Payroll Card reloading capability with Western Union Agents.
FSV's PaychekPLUS! Payroll Cards are a convenient, efficient way for consumers to receive their pay through direct deposit, instead of receiving a paper check from their employer. FSV's payroll cards enable consumers to use their pay electronically vs. cash based transactions. Traditionally, "reloading" or adding cash to payroll cards has been a challenge for consumers with limited options available for them to do so.
"Western Union is a trusted and widely recognized name in financial services and their massive footprint of more than 54,000 Agent locations throughout the United States will give our cardholders more opportunity than ever before to add cash to their cards quickly and conveniently," said Jon Palmer, FSV President and CEO.
Consumers who wish to add funds to their FSV PaychekPLUS! Payroll Card can simply visit any participating Western Union Agent location, complete some basic information and present their card to the agent with their cash plus a $3.95 service fee. Funds are then available for use by cardholders within a matter of minutes.
"We expect the convenience of reloading at Western Union Agent locations to be well received and widely used among cardholders - especially among those who might receive a salary plus cash tips," Palmer added.
The ability to reload through Western Union is currently available on several PaychekPLUS! Payroll Card programs and will soon be available to other non-payroll programs.