Loyal Bank’s new International Payroll Service (IPS) is the perfect solution for large companies with global payrolls or commissions to distribute, and who need to pay constantly moving staff regularly. IPS enables employers to offer employees prepaid cards, a cost-effective, secure alternative to cash and cheques. IPS offers employers distinct advantages, including low cost, speed, the ability to issue debit cards instantly and the option of added security by personalisation with the IPS Program name only.
The IPS Program Card is a significantly easier way to manage payroll, particularly for industries where there is a high employee turnover or employees are transient workers or receive irregular (or small) payments or sales commissions. Employees often choose a Payroll Card because they do not have a bank account for direct deposits. An existing banking relationship is not required for an employee to receive a payroll card.
Please contact us directly to learn more, or visit our unique IPS Program website – www.ips-lbl.com.
24/7 Customer Services*
Email: IPS Customer Service
TEL: +36 1 383 0853
*Please note that our Customer Service Centre only offers MasterCard emergency card services (bankcard stoppage and replacement exclusively) between 22:00 and 07:00 CET on weekdays and all day Saturday, Sunday and public holidays.