TransCard Partners with Netchex to Offer 100% Paperless Payroll

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- One of the fastest growing payroll, human resource, time & attendance and benefit services company in America, Netchex, has announced full integration of the prepaid paycard from TransCard into their solutions platform.

TransCard Headquarters, Chattanooga, Tenn. (Photo: Business Wire)

Will Boudreaux, Netchex CEO stated, “The partnership with TransCard is a natural fit with our strategy to deliver the best payroll solutions over the web. Having flexible and convenient options to get people paid electronically not only supports our green initiative, but it also allows many of our clients tremendous savings over traditional live check distribution.”

Boudreaux added, “With over 2,000 active customers in diverse industries, we see opportunity to not only reduce burdens on employers but to also offer flexible solutions to their employees on payday with TransCard. We are very optimistic that the TransCard – Netchex partnership will be well received and help us keep our competitive advantage in the marketplace.”

TransCard CEO, Craig Fuller, stated, “Netchex is a great example of an emerging distribution channel partner collaborating with us and our financial institution partners to take our best-in-class payroll card technology to market.”

“The TransCard Paycard for Netchex virtually eliminates the traditional barriers to entry that have kept small to mid-size companies from going to 100% paperless payroll, because we have integrated it into the Netchex core payroll management product,” added Fuller.

About TransCard

Chattanooga-based TransCard is the leading provider of prepaid products to financial institutions of all sizes. The company’s platform enables financial institutions of all sizes to grow deposits and fee income, deepen their treasury relationships, expand product offerings to the underserved and turn unprofitable customers from cost items to contribution items. Financial Institutions interested in offering prepaid programs should visit our website and follow us on Twitter.

About Netchex

Netchex, based in Mandeville, Louisiana, with offices in Louisiana, Mississippi, Dallas and Atlanta was ranked #1,565 on the Inc. 5000, with a 3-year growth rate of 189%. They currently service over 2,000 clients throughout the United States. Netchex operates on a SAAS model with state of the art web hosting, and a consistent focus on security and continuous product development efforts, to lower IT costs, offer flexibility and reduce maintenance costs associated with hardware and hosting.

Photos/Multimedia Gallery Available:

Mark Levitt, 423-553-5376
Will Boudreaux, 985-220-1410

Source: TransCard