Pre-paid debit cards save merchants time and money through payment services advantages and efficiencies.
LOS ANGELES, CA — October 26, 2016. TransMerit Merchant Services announces the launch of a pre-paid debit card line, with cards activated as early as November 2016. The program adds to the range of TransMerit products and services offered to small and mid-sized businesses, all geared toward increasing transactions through payment processing competencies.
Once the TransMerit pre-paid debit cards are activated, merchants can create efficiencies by simply utilizing them as a payroll service, linking the cards to existing payroll systems. With unique account and routing numbers, TransMerit pre-paid debit cards function as a direct deposit system. “Typical payroll service systems are time-consuming and costly—bookkeeping costs can get up to six dollars per check!” states Keith Olmo, managing partner. “TransMerit pre-paid debit cards eliminate these extraneous costs, allowing business owners to pay their biggest investments, employees, in a much more timely manner.”
TransMerit is so confident in their product, they’re weaving it into their own business processes. “Logistically, our agents can’t sit around and wait for a paycheck,” says Olmo. “Our pre-paid debit cards allow agents in the field and on the road access to their pay and bonuses immediately.” Moreover, with online transactions, even those without bank accounts can reap the rewards of this program. TransMerit is one of the first to market a program like this, with very few firms offering this bundle.
About TransMerit Merchant Services
Founded in 2014 and based in Los Angeles, CA, TransMerit Merchant Services is a full- service merchant company serving small and mid-sized businesses. TransMerit offers customized enterprise programs to aid in business development. These solutions include savings on merchant processing rates, equipment, analytics, and merchant cash advances. TransMerit is at the forefront of change in the merchant services business, extending the very latest in programs and equipment for Visa, Master Card, American Express, and Discover. To learn more, visit transmeritmerchantservices.com.