“It would be a major overhaul to change from biweekly to weekly pay- roll. Payactiv provides the opportunity for our employees to create their own pay cycle and is even more flexible. And a better work life balance so that our employees can deliv- er remarkable service knowing that their families’ financial needs have been eased a little. We added the Payactiv benefit to our job post- ings, and our recruiters report that candidates are paying attention to this benefit. We might be able to attract can- didates by offering this flexible pay option.”
*The Payactiv Visa Prepaid Card is issued by Central Bank of Kansas City, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Certain fees, terms, and conditions are associated with the approval, maintenance, and use of the Card. You should consult your Cardholder Agreement and the Fee Schedule at payactiv.com/card411. If you have questions regarding the Card or such fees, terms, and conditions, you can contact us toll-free at 877-747-5862, 24 hours a day, 7 days a week.
1 Many (but not all) employers, government benefits providers, and other originators send direct deposits early with an effective of 1-2 days later. Beginning with your second direct deposit of at least $5 from the same source, Central Bank of Kansas City (CBKC) will post the funds to your Payactiv Visa Card when we receive it, rather than on the effective date. This may result in your having access to the funds sooner. The date CBKC receives your direct deposit and the effective date are controlled by the originator.