|
|
|
| |
|
| |
 |
|
|
|
|
|
| |
 |
 |
 |
| |
|
| |
 |
| |
|
| |
The Krores Pay Remit card is a prepaid card that provides employees immediate access to their pay. The cardholding employees can use the card at any ATM, pay for purchases at the point-of-sale, pay bills and transfer funds to their loved ones back home! Like other Krores payment products, the Krores Pay Remit card can be used everywhere Visa® / Master Card® is accepted. The cardholders also receive a monthly statement and can obtain account information at ATMs or by calling a toll-free number.
Employers can offer Krores Pay Remit cards to unbanked employees, particularly part-time and temporary employees, and those who do not wish to use their checking accounts for direct deposit.
How does the Pay Remit Program work?
 |
Upon enrolment, the employee receives a Krores Pay Remit Card from the organisation he/she is working with. |
|
The employee can either give standing instructions for transferring a fixed amount to his beneficiary’s card every pay cycle or use the card to transfer remittances to his beneficiary as and when he wants. |
|
The employee can also use the Pay Remit card for ATM, retail, online and remittance purposes. |
|
The transactions made are detailed on monthly electronic or printed account statements. |
Worldwide Acceptance
|
The Krores Pay Remit card is welcome everywhere Visa® / Master Card® is accepted — that is, millions of locations worldwide, including internet and mail order / telephone order (MOTO) Merchants, Visa® / Master Card® ATMs and member locations. |
|
The employer has the option of adding the Interlink®, Plus®, and regional EFT mark(s) for wider acceptance. |
|
Employees may also use their Krores Pay Remit card accounts to pay bills via the telephone and internet. |
|
The employer may further support the employees with “convenience checks”. These enable the employees to pay third parties that do not accept card-based or electronic payments. |
Cardholder Benefits
|
Instant payment |
|
No minimum balance requirement |
|
Can be used at any Visa® / Master Card® enabled POS or ATM |
|
Access to money anytime |
|
Balance inquiry facility available via ATMs and call centre |
|
24 hour call centre assistance |
|
SMS alerts every reload |
|
Monthly statements via email |
|
Easy process of replacement of lost card |
|
Safe to carry |
|
|
|
| |
|
| |
 |
| |
|
| |
|
|
|
|
|
|
|
|
|
Cardholder Benefits