Business Payments Blog



Paycards: A Game Changer for Employers, Invaluable for Employees

Posted 4 days ago

With an estimated 68 million1 underbanked consumers in the U.S., employers must find high-quality, flexible payroll solutions that give employees access to the omnichannel payments ecosystem. And, banked consumers want access to a multitude of financial tools to help them manage their everyday finances, too.2 Banked or unbanked, employees look to employers to provide game-changing […]


Restaurants: How You Pay Employees Matters for Retention

Posted 3 weeks ago

Retaining good employees is a universal challenge, especially in the restaurant industry. Turnover is expensive, too — estimates indicate hiring and training a new employee can cost upwards of $3,5001. This is why Netspend recently partnered with QSR Magazine to outline simple ways restaurants can leverage their payroll processes to boost employee retention and satisfaction, […]


Netspend and DailyPay Boost Financial Security Through Direct Access to Earned Wages

Posted 1 month ago

May 29, 2019 — According to the Federal Reserve, 40 percent of Americans cannot afford an unplanned $400 expense. Let that sink in… Expense volatility is an extremely real concern for consumers across incomes and occupations and causes financial instability that leads to a lack of savings, late fees and, in many cases, debt. Today, […]


5 Benefits of Paperless Payroll

Posted 3 months ago

By Jeff Johnson, Senior Vice President/General Manager—Commercial Prepaid, Netspend If you’re a typical U.S. employer, about 80 percent of your employees receive their wages through direct deposit to their chosen bank account or prepaid card.1 This is great for employers (more control over “paperless payroll,” and fewer paper checks to generate and distribute) and great […]


Best Practices in Accounts Payable

Posted 4 months ago

Electronic Accounts Payable Reduces Cost and Improves Control over Vendor and Employee Payments By Jeff Johnson, Senior Vice President/General Manager, Commercial Prepaid, Netspend Paper checks can be a serious pain point for businesses—and they’re not great for vendors and employees either. So, why is your accounts payable department still relying on checks to pay the […]


Payroll Programs: 6 Key Benefits of Electronic Paycards for Businesses

Posted 5 months ago

Whether you are a Fortune 500 company or a small business, payroll distribution can be costly and complex. Improving your payroll system by making payments electronically could save your business money in processing costs, while making it simpler for employees to receive their earnings. The considerable advantages of adopting an electronic payroll distribution program include: […]

Disbursements Paycard

The Future of our Workforce: How You Pay Employees Can Pay Off For Your Bottom Line

Posted 6 months ago

By Jeff Johnson, senior vice president, Netspend Commercial Prepaid Today’s workforce is being shaped by a number of factors, including changing demographics and the growing number of millennials, the onslaught of new technology applications, more geographic distribution, the draw of the gig economy and more. Payroll has evolved over the last several decades but, even […]


Survey Results: How Modern Workforce Demands Are Influencing Today’s Payroll Processes

Posted 6 months ago

Earlier this year, Netspend partnered with HR Daily Advisor to conduct its annual Payroll Solutions Survey, focused on trends within the payroll field. The survey captured insights on how companies are adapting their payroll processes to respond to the demands of millennials, the forms of payroll payments that are most prevalent and opportunities for improvement. […]


PaymentsJournal Talks Digital Disbursements with Netspend SVP Jeff Johnson

Posted 7 months ago

Netspend Senior Vice President for Commercial Prepaid Jeff Johnson recently spoke with PaymentsJournal about the use of prepaid for small businesses, including how real-time payments and digital disbursements can revolutionize a company’s disbursement model. Jeff shared details on how Netspend delivers a full suite of prepaid options for its clients, focused on addressing cardholder needs […]