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. Code § 296128035(7).
rapid! PayCard Program:
The rapid! PayCard provides numerous ways for employees to access their pay each pay period, including:
- Over the counter bank teller transactions at banks displaying the logo of the applicable payment brand (Visa or MasterCard)
- Electronic transfer to a bank account
- US Post Office Money Order
- CheckToday convenience checks
- ATM withdrawals at Allpoint ATM and MoneyPass ATM surcharge-free network
- Cash back with POS purchases using a PIN
(See fee schedule for methods of accessing wages, including full net wages, in cash without cost.)
- Employer Costs and Incentives
Legal Requirement – State Statute of Washington State:
No provision expressly addressing employer costs or incentives in the pay card context.
However, Washington law prohibits employers from receiving a rebate of any part of wages paid to their employees. RCW § 49.52.050(1).
rapid! PayCard Program:
rapid! PayCard does not offer cash incentives to employers, or pass employer costs onto their employees.
- Convenience Checks
Legal Requirement – State Statute of Washington State:
State law does not authorize the use of convenience checks tied to a pay card account as a replacement for employer-issued paychecks.
rapid! PayCard Program:
rapid! PayCard offers ChekToday convenience checks which can be used by cardholders to access wages at Walmart stores with Money Centers free of charge. ChekToday also can be used at check cashing facilities or to make other direct payments.
- Transaction Histories
Legal Requirement – State Statute of Washington State:
No express requirement relating to transaction histories on pay card accounts.
See federal requirements.
rapid! PayCard Program:
rapid! PayCard makes transaction information available to cardholders online, via the rapid!Access1 mobile application and over the telephone1. Transaction data can be printed from the cardholder website or upon request, rapid! PayCard will provide a written transaction history.
- Ability to Change Payment Method
Legal Requirement – State Statute of Washington State:
No express provision that addresses whether employees must be allowed to change the manner in which they receive their wages. See federal requirements.
rapid! PayCard Program:
Employers that offer the rapid! PayCard are responsible for complying with applicable state and federal requirements regarding an employee’s ability to change payment methods.
1While rapid! PayCard does not charge for this feature and service, standard text messaging, data and cellular rates may apply. Please check with your cell phone carrier and inquire about fees your carrier may associate with these services.