Page 14 - Pay Magazine s2014

paybefore awards
outstAndIng pAy solutIon – plAtform
Best use of a network branded prepaid card platform for distribution of payroll.
OceanPay Visa Prepaid Card
Brightwell Payments, The Bancorp partners: FIS, Visa
what it is: Reloadable prepaid Visa payroll card distributed through U.S. maritime em- ployers, such as cruise ships, providing employees with instant access to funds and Web-based money transfer.
where you get it: Cards are personalized and shipped to corporate HR offices and distributed to employees or bulk shipped to the ship office and personalized onboard using a proprietary thermal printing system, eliminating the need for employees to wait until they’re on dry land for cards to be delivered.
why it works: Cruise ship companies and other maritime employers face challenges in adminis- tering and distributing payroll funds, often resorting to paying in cash, creating logistical
wInners Comdata Payroll MasterCard Program Comdata Inc., MasterCard
Skylight PayOptions Program
Skylight Financial, MasterCard, PayChex Inc.
and security issues for themselves and their employees. OceanPay solves these challenges with a secure and cost-effective program.
why it matters: Maritime employers, employ- ees and their families all benefit from the convenience and security of a prepaid payroll solution that can be used worldwide and onboard ship.
differentiators: An optional companion card enables cardholders to send funds to family back home via card-to-card transfers. With an integrated online service, cardholders can send money directly to a bank account using West- ern Union’s wire transfer service or send money for cash pickup at one of Western Union’s 500,000 locations. Onboard printing and distribution capability enables card delivery while at sea.
what the judges said: Built specifically with the maritime industry in mind, the OceanPay payroll platform is transformative for the businesses it serves and has the power to improve money management for employees far away from home.
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