Ban-Koe Companies, a workforce management solutions provider, has entered into a strategic alliance partnership with Global Cash Card (GCC), a cards provider for employers.
Under the partnership, Global Cash Card will provide its GCC Pay Cards that assist Ban-Koe in replacing any paper checks related to payroll. In addition, Ban-Koe can use the GCC Pay Cards in other areas such as on boarding, new hiring, termination pay and off cycle pay.
Furthermore, GCC Pay Cards enable employers such as Ban-Koe to completely go digital by electronically posting all Pay Stubs and W2s forms.
Though GCC is offered to enterprise-size firms, Ban-Koe as a labor-tracking organization was successful in offering an opportunity to its dealers and distributors to access the GCC benefits through its Ban-Koe Strategic Partner program. With this partnership, all Ban-Koe customers can experience the benefits of working with a pay card provider.
The United States payroll prepaid card market in terms of transaction value is expected to record a CAGR of 20.3% during 2017-2021 to reach US$ 93.4 billion by 2021.
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