BANKING Sujit Kumar Sharma  Jun 8 2021 10:32AM

What are payroll cards?

Madhu Kapoor  Jun 11 2021 11:05AM

What are payroll cards?

Payroll cards are types of smart cards issued by banks to facilitate salary payments between employer and employees. Through payroll card, employer can load salary payments onto an employee’s smart card, and employee can withdraw the salary even though he/she doesn’t have an account in the bank.

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