Here at rapid! PayCard® we do more than maintain adherence to state and federal regulations. We keep our clients well-informed of the ever-evolving payroll laws. A consistently updated, interactive map serves to deliver current, state-by-state updates on legal requirements and how rapid! PayCard complies. The following include some current legal requirements for pay cards and how rapid! PayCard complies: Cash Access Legal Requirement – State Statute of West Virginia: Funds deposited into the pay card account must be immediately available to the worker. W.V. Code § 21-5-3(a)(3). rapid! PayCard Program: The rapid! PayCard provides numerous ways for employees to access their pay each pay period, including: Over the counter bank teller… Read More
PayCards in Kansas
Here’s a look at the current payroll requirements in Kansas, in which paperless pay is permitted: Cash Access Legal Requirements Employees must be allowed at least one withdrawal each pay period at no cost for an amount up to and including the total amount of the employee’s net wages. Employers may not retain any interest in wages paid to an employee’s pay card account, other than the right to correct inadvertent overpayments in accordance with the rules governing direct deposit. Kansas Stat. § 44-314(d). rapid! PayCard Program The rapid! PayCard MasterCard® provides numerous ways for employees to access their full net pay each pay period, including: Over the counter cash… Read More
Rhode Island PayCard Compliance
Here’s the current legal requirements for pay cards and how rapid! PayCard complies: Cash Access Legal Requirement – State Statute of Rhode Island: Employees must be able to make at least one withdrawal from the pay card account each pay period without charge for up to the full amount of the employee’s net wages for the pay period. Except that, employees paid more frequently than weekly must be able to make at least one withdrawal each week without charge for up to the full amount of net wages for that week. R.I. Gen. Law § 281410.1 (f). rapid! PayCard Program: The rapid! PayCard provides numerous ways for employees to access… Read More
Ohio Pay Cards and Compliance
This month, we are highlighting the State of Ohio for a look at the payroll card requirement categories to compare the legal requirements with the detail about how rapid! PayCard® complies. Here’s a look at the current payroll requirements in Ohio; a state in which paperless pay is permitted: Cash Access Legal Requirements The Ohio statutes do not expressly address pay cards. rapid! PayCard Program The rapid! PayCard MasterCard® provides numerous ways for employees to access their full net pay each pay period, including: Over the counter cash withdrawal at banks displaying the logo of the applicable payment brand (Visa or MasterCard) Electronic transfer to a bank account US Post… Read More
Vermont State PayCard and Compliance
At rapid! PayCard we provide our customers with a consistently updated, interactive map which serves to deliver current, state-by-state updates on legal requirements and how rapid! PayCard complies. For example, here’s a look at some of the legal requirements in Vermont and how we conform: Cash Access Legal Requirement – State Statute of Vermont: The employee must be provided at least three withdrawals each pay period from the pay card account, without cost. One withdrawal must permit access to the full amount of the account balance at a federally insured depository institution or other location convenient to the place of employment. 21 Vt. Stat. § 342(c)(2)(D). rapid! PayCard Program: The… Read More
Texas Pay Cards and Compliance
As we do each month, we take several of the payroll card requirement categories to compare the legal requirements with the detail into how rapid! PayCard® complies, state by state. While some mandates governing their use are similar or the same, we take our obligation about adherence and providing information as seriously as we do customer service. Here’s a look at the current payroll requirements in Texas; a state in which paperless pay is permitted: Cash Access Legal Requirements The Texas wage payment statutes do not expressly address pay cards. rapid! PayCard Program The rapid! PayCard provides numerous ways for employees to access their pay each pay period, including: Over… Read More
Wyoming State Pay Cards and Compliance
Our goal is to provide employers with innovative and responsive payroll card programs. We observe industry-wide best practices for the delivery of high-quality payroll cards that maintain the objectives of choice, safety, affordability, transparency, and convenience. For example, here’s a look at some of the legal requirements in Wyoming and how we conform: Cash Access Legal Requirement – State Statute of Wyoming: The Wyoming wage payment statutes do not expressly address pay cards. The Wyoming Department of Workforce Services has advised informally that employees must have at least one opportunity each pay period to withdraw their wages without penalty or fee. rapid! Program: The rapid! PayCard provides numerous ways for… Read More
Utah Pay Card Compliance
Besides being a service-based business, we are compelled to uphold the state-imposed mandates governing their use. As we do each month, we take several of the requirement categories and compare the legal requirements governing them and insight into how rapid! PayCard® complies. Our online, interactive map offers a state-by-state update on legal requirements. Here’s a look at the current payroll requirements in Utah; a state in which paperless pay is permitted: Employer Costs and Incentives Legal Requirements: No provision expressly addressing employer costs or incentives. However, an employee may not be required to refund or rebate any part of the employee’s wages except in accordance with the rules regarding wage… Read More
Maine State Pay Cards and Compliance
Here at rapid! PayCard® we do more than maintain adherence to state and federal regulations. We keep our clients well-informed of the ever-evolving payroll laws. A consistently updated, interactive map which serves to deliver current, state-by-state updates on legal requirements and how rapid! PayCard complies. Our goal is to provide employers with innovative and responsive payroll card programs. We observe industry-wide best practices for the delivery of high-quality payroll cards that maintain the objectives of choice, safety, affordability, transparency, and convenience. For example, here’s a look at some of the legal requirements in the state of Maine and how we conform: Cash Access Employees must be paid their full wages… Read More
Washington State Pay Cards and Compliance
We provide our customers with a consistently updated, interactive map which serves to deliver current, state-by-state updates on legal requirements and how rapid! PayCard complies. Our goal is to provide employers with innovative and responsive payroll card programs. We observe industry-wide best practices for the delivery of high-quality payroll cards that maintain the objectives of choice, safety, affordability, transparency, and convenience. For example, here’s a look at some of the legal requirements in Washington State and how we conform: Cash Access Legal Requirement – State Statute of Washington State: Employers that pay employees by electronic means must ensure that wages are available to employees on the established payday. Wash. Admin…. Read More