Our goal is to provide employers with innovative and responsive payroll card programs. We observe industry-wide best practices for the delivery of high-quality payroll cards that maintain the objectives of choice, safety, affordability, transparency, and convenience.
For example, here’s a look at some of the legal requirements in Wyoming and how we conform:
- Cash Access
Legal Requirement – State Statute of Wyoming:
The Wyoming wage payment statutes do not expressly address pay cards.
The Wyoming Department of Workforce Services has advised informally that employees must have at least one opportunity each pay period to withdraw their wages without penalty or fee.
rapid! Program:
The rapid! PayCard provides numerous ways for employees to access their pay each pay period, including:
- Over the counter bank teller transactions at banks displaying the logo of the applicable payment brand (Visa or MasterCard)
- Electronic transfer to a bank account
- US Post Office Money Order
- CheckToday 1 convenience checks
- ATM withdrawals at more than 55,000 locations in the Allpoint ATM surcharge-free network
- Cash back with POS purchases using a PIN
See your fee schedule for methods of accessing wages, including full net wages, in cash without cost.
- Employer Costs and Incentives
Legal Requirement – State Statute of Wyoming
No provision expressly addressing employer costs or incentives in the pay card context.
rapid! Program:
rapid! does not offer cash incentives to employers, or pass employer costs onto their employees.
- Convenience Checks
Legal Requirement – State Statute of Wyoming:
State law does not authorize the use of convenience checks tied to a pay card account as a replacement for employer-issued paychecks.
rapid! Program:
rapid! offers ChekToday convenience checks which can be used by cardholders to access wages at Wal-Mart stores with Money Centers free of charge. ChekToday also can be used at check cashing facilities or to make other direct payments.
- Transaction Histories
Legal Requirement – State Statute of Wyoming:
No express requirement relating to transaction histories on pay card accounts.
See federal requirements.
rapid! Program:
rapid! makes transaction information available to cardholders online, via the rapid!Access mobile2 application and over the telephone2. Transaction data can be printed from the cardholder website or upon request, rapid! will provide a written transaction history.
- Ability to Change Payment Method
Legal Requirement – State Statute of Wyoming:
No express provision that addresses whether employees must be allowed to change the manner in which they receive their wages, but such a requirement could be inferred.
See federal requirements.
rapid! Program:
Employers that offer the rapid! PayCard are responsible for complying with applicable state and federal requirements regarding an employee’s ability to change payment methods.
We provide our customers with a consistently updated, interactive map which serves to deliver current, state-by-state updates on legal requirements and how rapid! PayCard complies.
1This optional offer is not an issuing bank product or service nor does the issuing banks endorse this offer.
2 While rapid! PayCard does not charge for this feature and service, standard text messaging, data and cellular rates may apply. Please check with your cell phone carrier and inquire about fees your carrier may associate with these services.
The rapid! PayCard® MasterCard Card is issued by MetaBank®, Member FDIC, pursuant to a license by MasterCard International Incorporated. Prepaid card can be used wherever Debit MasterCard is accepted. MasterCard is a registered trademark of MasterCard International Incorporated.