For almost 15 years, the professionals at rapid! PayCard® have endeavored to provide employers with innovative, responsive payroll card programs that effectively support their companies and enable them to remain compliant. At the same time, we recognize that this is a contribution to the long-standing tradition of industrious Americans who pursue dreams — of all shapes and sizes. Facilitating the compensation they so richly deserve gives our team a tremendous sense of pride; we make certain we never lose sight of the magnitude of this responsibility. For this National Payroll Week 2016, celebrated from September 5-9, the American Payroll Association describes the annual event: National Payroll Week celebrates the hard… Read More
Things You Should Know About Money
There are multiple benefits to being a member of a professional organization; irrespective of industry. By taking part and making a contribution of your time and experience, there exists the opportunity to meet potential clients and form partnerships; as well as receiving the true benefits of remaining connected. Our industry mandates strict adherence to rules that differ from state to state – compliance is mandatory. We take these responsibilities seriously. We are members of the American Payroll Association. Their mission statement: The American Payroll Association pursues the following objectives: To increase the Payroll Professional’s skill level through education and mutual support. To obtain recognition for payroll work as practiced in… Read More
An Interview with Chris Ruppel
Originally posted on Pymnts.com The paycard has had a tough go of it lately, as measured by back and forth in the financial trade press and by the increased glare of regulators looking at where, when and how the cards can be used. The movement to bring unbanked and underbanked workers away from the limitations of cash and into electronic transactions is one that has been given lots of ink, virtual and otherwise. In one recent announcement that shed some additional light on electronic payroll and financial inclusion, Avionté Staffing Software said it has a new tech partnership in place with rapid! PayCard, tied to Avionté version 16.1. That partnership… Read More
How NOT to Spend It All
Unless you are planning on adding an extension on to your home, the square footage is the square footage. The interior offers a fixed amount of space for which there is only so much room for people, possessions, and furniture. So it goes with your finances. The quantity is finite. If you do not extend beyond the boundaries of your holdings, you will have a path to financial freedom – or at least the comfort of living within your means. Business Insider offers a caveat against “spending everything you earn”. While you can go off the rails at any age, it is the fresh college graduate who typically endures years… Read More
Avionté Introduces rapid! PayCard as Newest Technology Partner
Avionté increases its paperless payroll options with rapid! PayCard partnership. Eagan, MN, July 29, 2016 –(PR.com)– Avionté, a staffing software solutions provider based in Eagan, Minn., has announced a new technology partnership with the payroll solutions provider, rapid! PayCard, released in Avionté version 16.1. As Avionté’s newest paycard solution partnership, rapid! PayCard offers a new solution to Avionté’s nearly 400 staffing clients to paying employees. The seamless integration allows users to register and instantly fund rapid! PayCard, directly from within Avionté, according to rapid! PayCard General Manager Chris Ruppel, and promises a simple, smart and secure solution. “This full integration helps rapid! PayCard clients perform a new card registration while adding a new payment type to… Read More
You Buy Cheap, You Buy Twice
Most of us like to “get a good deal” from our purchases. Whether real estate or fresh produce, you want to pay the price you believe best represents quality and is commensurate with your budget. If buying a new appliance, you will research energy ratings and wait until the Labor Day sales ads begin broadcasting. Keeping an eye out for price reductions on certain items is what smart consumers do. But “cheap” can come back to bite you. In that case, inexpensive can translate to poor quality that will just not give you the value you sought. You may actually wind up turning around and having to “re-purchase” an item… Read More
UniRush Appoints Ron Hynes as New CEO
UniRush LLC, a provider of consumer financial services, including the Visa RushCard prepaid debit card and the rapid! PayCard, announced today that industry veteran Ron Hynes has been appointed CEO. Hynes previously served as executive vice president of global prepaid solutions at MasterCard Worldwide and, most recently, as president of global markets at Mozido. “Ron Hynes is one of the most qualified and respected leaders in the prepaid payments industry. It was a once-in-a-lifetime opportunity to hire him to lead our company,” said RushCard Co-Founder Russell Simmons. “Ron shares the same values and beliefs as me—that too many American families are left without real access to financial services and therefore… Read More
The 10 Basic Money Questions You Should Ask Yourself
When you are just starting out, keeping track of your money requires some work and planning, but it will pay off (literally and figuratively!) in the long run. Do you know as much about your finances as you think you do? How about a quiz based on these foundational questions offered up by Rock Star Finance: How much money do you have? When you are young and still living with your parents, it isn’t as big of a deal as when you’re living on your own or with a spouse. You need to be aware of how much money you have in order to know how much you can realistically… Read More
Misunderstandings About Unclaimed Property
Heather Steffans, VP of Strategic Compliance Solutions with unclaimed property specialists MarketSphere, penned an informative piece for the American Payroll Association about the misinterpretations regarding unclaimed property. The primary caveat being that “the biggest reason companies fail to report unclaimed property correctly is that legislation is different in all 54 jurisdictions and the laws change frequently”. Common Misconceptions Only large companies are being audited for noncompliance. Because auditors are paid on a contingency basis and much of the income potential of large companies has been sapped, smaller companies have become the new prime target. An uncashed check becomes income. The standard protocol in cases like these may be to simply… Read More
What’s Costing Americans Money
Is cash still king? It may advantage a home buyer in a bidding war, but the question is: Is cash cost-effective? And is the study released by Tuft’s University in 2013, a trend? According to their The Cost of Cash in the United States, “using cash as opposed to a debit or credit card is costing consumers and businesses both time and money. Specifically, Tufts estimates that using cash increased businesses costs by $55 billion in 2013, with retail theft being the largest single factor. It also lent to $101 billion in missed tax revenue because of off-the-books transactions. Ultimately, using cash over credit cost U.S. households $43 billion, with… Read More