Thursday, October 28, 2010
Incentive cards help reward employees
As the holiday season approaches, PSCU Financial Services Inc. recommends prepaid incentive cards as a way for businesses to award high performing employees.
Ron Silvia, Director of Debit, ATM & Prepaid Services at PSCU, said offering incentive cards is one way to board small businesses. "Small business owners are an especially attractive segment because they seek multiple services for their personal and business finance needs, including credit, debit and prepaid cards, online bill payment, checking, savings, and 401K retirement plans," he said. Furthermore, incentive cards are not classified as gift cards and are therefore not subject to the requirements of the Credit Card Accountability Responsibility and Disclosure Act, PSCU said. Thus, monthly maintenance fees can be charged on the cards and short expiration dates can be applied.
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