Compensation

The Comerica Workplace Card is a more efficient and economical way to pay employees and contractors who don’t have a bank account.  It replaces paper checks for compensation or reimbursement.  Some of the benefits includes:

• Reduce payroll expenses- less expensive than issuing paper checks for compensation or reimbursement
• Offers your employees and contractors the convenience of an electronic deposit without maintaining a checking account
• Funds available to your employees and contractors sooner

Incentive

The Comerica Workplace Card is ideal for corporate gift rewards, customer loyalty rewards, or promotion/reward programs. Each program can be customized in a number of ways:

• Expiration dates that controls the terms of the program
• Authorization rules used to control usage and manage risk
• Controlled settlement and prepaid settlement options allow you to maximize the use of your funds including the choice of reimbursing Comerica as spend occurs on the card.

Payroll Exception

The Comerica Workplace Card lets you disburse payment to employees on demand when paying by check isn’t an effective option.  Some payroll exceptions include:

• Disbursing the first pay to new hire or last pay to a terminated employee
• Disbursing pay or per diems between normal payroll cycles
• Disbursing pay when a check is lost or never issued
• Providing continuity of pay when a check or card is lost or stolen

Program Management Options

Comerica offers various web-based program management tools to fit your needs and help you effectively manage your card program including applying immediate funding to prepaid cards, replacing lost or stolen cards, ordering  new cards and generating cardholder detail reports.