The CashPay is an online Visa-branded card account that the company uses to offer the direct deposit service to the employees who don’t have the checking account. This service is also available to those who don’t wish to get their salary into their bank account. The FDIC-insured deposit account follows all the Regulation E obligations. This service is best for those companies who want to move to the electronic payroll. The employees will have round the clock access to the salaries via purchases that they can make wherever a Visa debit card is accepted. Employees can also access their pay at POS (PIN-based point of sales) terminals and ATMs.
There are many benefits to have CashPay. The first principal benefit is that the employees will save a great deal of time. You can access your pay conveniently by 9 am and there aren’t any waiting lines for the cash paycheck. Convenience is the other major benefit that comes with this service. You can use it for the purchases wherever a Visa debit card is accepted, pinned POS terminals. Withdraw funds at any ATM round the clock. Another great benefit of having CashPay is Security. You don’t need to carry a huge amount of cash in your wallet for purchases. It also eliminates the check cashing cost.
It also improves your control over the money as it only takes what you want and when you want it. Customer service and account information is also accessible round the clock. It means that you can get any required information and can get your queries answered anytime you want.
How To Sign Up For The CashPay Card?
Signing up for the CashPay card is really simple. All you need is to get in touch with the representative of your Program Administrator. After signing up for the card, you will get the card within 5 to 7 working days. The card will arrive at your given address through US postal mail. For proper use and activation of the card, you should read the complete information that is offered with the card. After receiving your card, you simply need to activate your card online on their website or by calling their customer service.
Instructions To Access Bank Of America Cashpay Card Account
To sign in your CashPay Card account you simply need to access their website and log in using your username and password. Here is how you can do it:
- Access the official Bank of America CashPay Card homepage by clicking the given link www.bankofamerica.com/cashpay where you will be supposed to sign in to the online account.
- Now on their website, you should enter your account username on the upper right-hand side in the matching field and click “Sign In” button.
Now, verify your identity and click “Continue” button. After that, enter your password and the 3-digit security code and click “Continue” button to sign in to your online account.