1. Paycard Introduction Moving Away from Paper Paychecks
New Hires – effective November 15, 2016
Existing Employees – effective January 1, 2017

2. Direct Deposit or Paycard
Direct deposit or payroll cards (also known as prepaid debit cards) are only options for receiving pay.
Employees submit their direct deposit information through ESTHER.
Fin Aid Workshop 2009

3. Funds available immediately on payday. - Cash at ATM
Paycard Introduction
If no direct deposit information is provided, employee will be assigned a payroll card.
Funds available immediately on payday.
- Cash at ATM
- Teller cash withdrawals
- Cash back when purchases are made
No more waiting for paychecks to arrive by U.S. mail.
Fin Aid Workshop 2009

4. Pay bills online by using 16-digit card number and expiration date.
Paycard Perks
Make purchases in stores, over the phone, or online – anywhere VISA is accepted.
Pay bills online by using 16-digit card number and expiration date.
Mobile banking app is available – quick access to account balance, transaction history, ATM locator, enroll/manage text alerts.
Fin Aid Workshop 2009

5. Paycard Perks
Text and Alerts – receive notifications for low balance, deposits, purchase alerts.
Fraud protection – VISA Zero Liability Policy protects against unauthorized purchases. Card replacement alerts available as well.
Cash back rewards – the more you use your card, the more offers you receive.
Fin Aid Workshop 2009

6. Paychecks to Paycards Existing Employees Automated paycheck emails
Check inserts
Meet one-on-one with staff
Last Paycheck 12/30/16
Fin Aid Workshop 2009

7. Paychecks to Paycards New Hires
Faculty/staff have within 10 days of hire to submit direct deposit information
Students will provide direct deposit information or receive a paycard when completing I-9 with Payroll
Grads on fellowship – first pay will be paycard (if no direct deposit information is provided)
Fin Aid Workshop 2009