FSV Payment Systems has integrated PaychekPLUS! Payroll Card reloading capability with Western Union agents. FSV’s payroll cards are an efficient way for employees to receive their pay through direct deposit, instead of receiving a paper cheque from their employer. FSV’s payroll cards enable employees to use their pay electronically versus cash-based transactions.
Consumers who wish to add funds to their FSV payroll card can visit any participating Western Union agent location, complete some basic information and present their card to the agent with their cash plus a US$3.95 service fee. Funds are then available for use by cardholders within a matter of minutes.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.