What Is a Money Network Card?


Quick Answer

The Money Network card is an electronic pay disbursement solution started by MetaBank that enables employers to optimize the payroll process. The card eliminates the need for paychecks since employers can simply load money to the card based on a scheduled pay date.

Continue Reading
Related Videos

Full Answer

Once the amount has been loaded to the card, an employee has instant access to it via ATM withdrawals and other card related transactions, including purchasing goods online. This creates a more convenient and quicker way for employees to access their pay. Money Network card users are also issued with Money Network checks that can be used to pay bills, friends or family.

Learn more about Credit & Lending

Related Questions