Global Payroll Cards Category - Procurement Market Intelligence Report
About Payroll Cards
The implementation of payroll cards has eliminated the need for employees to visit bank branches and carry out various bank transactions. This is because payroll card programs can be used for various bank transactions such as ATM withdrawals, balance inquiries, account history statement requests, account inactivity, customer service, overdraft, declined transactions, account disclosure, and card replacement
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Payroll Cards Market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Payroll Cards Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
SpendEdge Announces the Publication of its Procurement Research Report – Global Payroll Cards Category - Procurement Market Intelligence Report 2017-2021.
SpendEdge recognizes the following companies as the key suppliers in the Global Payroll Cards Category - Procurement Market Intelligence Report: ADP, MasterCard, Visa, American Express, and Global Cash Card.
Commenting on the report, an analyst from SpendEdge said: “Buyers must identify objective of implementing payroll card program.”
According to the report, unbanked and low wage employees do not have the facility of using debit and credit cards or any electronic payment solution or access to conventional banking services. The adoption of payroll cards has enabled users to overcome this challenge, thus driving the demand for payroll cards
DP, MasterCard, Visa, American Express, Global Cash Card
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