Payroll departments will virtually eliminate the need to manage lost or stolen checks, answer phone calls and will be able to concentrate on more productive tasks.

Big Box Stores, Restaurants, Entertainment and even a Coupon Clipping Service to help our cardholder members save money everyday.  Check it out…. very cool!

http://www.myvipsavings.com/splash/view

We believe that the over 70 million “underbanked” working adults are a powerful force in today’s economy, but they can become even stronger through accessing quality financial, health and wellness services at a discount.

From assisting Employers in reducing operational expense through efficiency and productivity improvements to lowering the costs of daily living, TAC Financial, Inc. is one of the premier companies in the USA assisting this “underbanked” working adult.

TAC starts with eliminating paper paychecks and the need to go to check cashing stores.  We provide a direct deposit Visa prepaid debit card with no pre-qualification.

Our cardholder members go from a cash environment to managing their pay efficiently, less costly and are able to purchase goods and services wherever Visa is accepted throughout the globe.

What the mainstream institutions are missing is that most of these under-banked working adults are hard working, conservative family members that are striving to create a better life for them and their families. They are striving for their American Dream. All of us have an obligation to create opportunity for any American to live their American Dream; through solid hiring practices to the products and services that we sell, we must develop the right solutions to assist in building higher economic opportunity to the under-banked population within the USA.

Businesses today, like TAC Financial, Inc., who are focused on bringing affordable financial, health and wellness services to the under-banked population of the USA (www.theamericascard.com), realize that the model is low-cost and high volume delivery to this vast group of hard working Americans. These businesses are True-North Companies that create sustainable businesses through volume models, keeping individual customer pricing to a minimum.

Alternatively, the mainstream model from traditional banks and health care providers has been maximizing profits per each “customer”. Not only do these services tend to be unaffordable, they alienate the very customers they are trying to attract.

TAC’s belief is the opposite. Our Mission is to provide high quality financial, health and wellness services to as many people as possible. TAC Financial, Inc. has achieved the business metric volumes it needs to sustain itself now that enough hard working US adults realize the inexpensive, yet high quality offerings that we provide. This creates a relationship of trust with our customers and a delightful customer experience. Our customers reduce their costs of accessing their cash (eliminating paper paychecks and the need for check cashing stores) through direct deposit onto The Americas Card, a free, direct deposit Visa prepaid debit card that receives their pay through direct deposit and then can be used for purchases wherever Visa is accepted world wide and gives access to our cardholders’ cash at over 43,000 ATMs in the USA and tens of thousands more globally.

We believe in the under-banked and we believe that providing high quality, inexpensive financial, health and wellness services, can assist every under-banked hard working adult on their path to their American Dream.

Thank you. Roy H. Eder

Roy H. Eder

Roy H. Eder’s Biography | More Posts from Roy H.Eder

One such high-impact, low or no cost solution is implementing a direct deposit, Visa prepaid debit card to employees that receive paper paychecks. This prepaid Visa solution acts just like direct deposit, which every operator and finance manager would like to get employees switched to. The issue in the past is that many employees do not have bank accounts and therefore, traditional direct deposit tied to a traditional bank account does not work.

With today’s direct deposit Visa prepaid debit cards, no bank qualification or requirement is needed. An employee fills out a direct deposit form, submits to the prepaid Visa card provider and a Visa prepaid card is issued. The employee activates the prepaid debit card through a secure interactive voice response system (similar to any bank activation process) and the employee’s Visa prepaid card is ready for direct deposit. Studies have shown that employees that were previously on paper paychecks and have moved to a direct deposit Visa prepaid debit card are excited and happier with this payroll solution than going to check cashing stores or banks to cash their checks. Most check cashing stores are in unsafe environments and charge the employee for cashing their payroll check. Many Visa prepaid solutions are free to the employee.

For employers, there are states whereby you can mandate this form of payment and states where they cannot mandate (look up . The most prudent way to implement a Visa prepaid debit card program for direct deposit is an “Opt-Out” program whereby the Visa prepaid debit card solution is introduced as the new way to pay to pay faster, give greater cash access to employees, provide a better financial tool than cash and eliminate all of the inherent issues with cashing paper paychecks (costs/fees, drive time, safety issues, etc.). Employers create more productive employees due to the elimination of running out to cash their checks, create more efficiencies in the payroll payment operations (eliminates lost and reissued checks and all the phone calls pertaining to this archaic process) and reduces costs due to direct deposit being significantly less expensive than paper paycheck distribution and management.

Therefore, in today’s tough environment, continual and incremental improvement throughout an organization creates a cumulative effect over time. High-impact, low-cost solutions can have a significant effect on a company’s bottom-line from both improved efficiency and productivity. Switching from paper paychecks to a direct deposit solution for underbanked or unbanked employees is one such method that is low to no cost, simple to implement with high rewards.

For more information: http://www.theamericascard.com/employers

~ Roy H. Eder

Roy H. Eder

Roy H. Eder’s Biography | More Posts from Roy H.Eder

Our Mission is focused on assisting hard-working people to lead better, more productive lives. One area that we can assist is to reduce the estimated $660 per year that underbanked working adults pay in cashing paychecks at check cashing stores and banks. We believe that to pay a check cashing type store to cash your check and receive your pay is not in your best interest and usually creates an unsafe environment by carrying larges sums of cash and going into less than safe neighborhoods to go to check cashing stores.

So, we start with creating a more efficient and cost-effective way to receive payroll by eliminating paper paychecks, the waiting for the mail, the lost checks and the high costs just to get access to cash.

Looking forward to outlining the TAC Services Platform, providing discounted health, wellness and financial services to reduce the cost of living and to provide high-quality services for better health, wellness and financial management.

~ Roy H. Eder

Roy H. Eder

Roy H. Eder’s Biography | More Posts from Roy H.Eder