Welcome to Virtual Automated Technologies
Employers
 



VAT has the International Stored Value Business Solutions
to assist your business in eliminating costly check disbursements for:

Small & Large Employers Benefit

According to recent studies, approximately 40% of the U.S. blue-collar work force is unbanked. This translates into 30 million people that cash over $55 billion in payroll checks. These unbanked workers are forced to pay high check cashing fee’s just to receive their payroll.

In addition, Employers are paying the high cost of writing paper checks for: employee payroll, employee termination, employee and contractual commissions, employee relocation expenses and employee incentives.

With VAT Stored Value Business Solutions: direct deposit to Payroll Stored Value Cards eliminate paper checks; direct deposit to Travel Stored Value Cards eliminate the process of reimbursing travel expenses and give employers the ability to manage travel costs; direct deposit to Incentive Cards give employers an opportunity to reward employees; and Procurement Cards allow employees to purchase business products without going over corporate budgets.

Online Payroll Management Solution

Through VAT’s comprehensive network of partners, VAT provides online technology that processes electronic transactions over the Internet in real time. With Multi-Currency Capability, the SpeedyWallet™ system is open for business 24/7 – 365 days a year!

SpeedyWallet™

  SpeedyWallet™ is an online money management system that provides for the transfer of funds to other SpeedyWallet™ accounts, bank accounts and prepaid debit cards (stored value cards). In addition, SpeedyWallet™ provides detail transactional information on all monetary activity.

With VAT’s SpeedyWallet online management system, Employers are able to load payroll cards and commission payments (through batch loading); and, travel expense can be loaded to Travel Cards with the ability to track employee expenses through the SpeedyWallet.com management system.


Radial Diagram   With SpeedyWallet™, you can pay employees, contracted agents, vendors and suppliers all over the globe electronically.

Sending money electronically has never been easier. Once funds have been deposited and cleared to the Employer SpeedyWallet™ account, money may be transferred with the click of a mouse. By selecting the method of payment (transfer to Employee SpeedyWallet™ accounts, transfer to my Contracted Agent SpeedyWallet™ accounts, transfer to my Supplier/Vendor SpeedyWallet™ accounts), the Employer decides on how much money to transfer, clicks the mouse, and the recipient receives their funds immediately. SpeedyWallet™ keeps track of deposits and payments, and provides detailed information on all SpeedyWallet™ transactional activity.

With a Banquecard® Prepaid ATM Debit Card , Employees and Contracted Agents can transfer money from their SpeedyWallet™ account to their Banquecard® for ATM cash withdrawals and PIN Debit Purchases.

With a Banquecard® Prepaid ATM Debit Card, Employees and Contracted Agents can transfer money from their SpeedyWallet™ account to their Banquecard® for ATM cash withdrawals and PIN Debit Purchases.

 
       


VAT HAS THE STORED VALUE BUSINESS SOLUTIONS FOR YOUR BUSINESS!

Click Here To Find Out How VAT Can Assist Your Business

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Virtual Automated Technologies
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