Payroll Prepaid Card Service
In BSF We offer an efficient and systematic payroll solution specialized for corporates conducting payments (for employees with monthly pay less than/equal to SR 3,000). Eliminating paperwork and cheque related hassles and inconveniences, all through a highly secure channel. In addition, all prepaid cards issued will be implemented under MADA network and supports SADAD payments allowing for convenience to the employees in their spending.
Product features
- can be used on point of sale terminals
- Can be used for SADAD payments
- Can be used for withdrawal from ATMs in KSA
- Cards are fed by the facility only
- Easy access to salary transfer details via account statement
- SMS notification for each transaction
- Chip and PIN card safety features
- PIN reset option
Product benefits
- Reduces risk of carrying cash
- Save time and cost spent on monthly reconciliation
- Reduced administration work (printing checks and reports)
- High level of security and control
