Southern Pan Cuts Payroll Costs, Chooses Atlanta-Based Directo to Provide Payroll Cards to Employees

    NORCROSS, GA, April 12, 2009 /24-7PressRelease/ -- Southern Pan Services Company has selected Directo, Inc. to provide payroll cards for its unbanked employees.

A premier concrete formwork and frame construction company, Southern Pan's employees are on job sites throughout the southeast, making payroll delivery a challenge.

"Replacing lost checks was especially difficult," said Carrie Harris, CO. "We value our employees and want them to have seamless access to the money that they work so hard to earn."

The Directo payroll card is FDIC-insured, with funds held in an FDIC-member bank, so the employee's money is safe, and access is 24/7 through ATMs, retail point of sale, and automatic bill pay.

"A Directo account has all the benefits of a checking account, with little of the risk," said Jim McCarthy, Senior Vice President of Sales for Directo. "We're pleased to offer a product that helps workers, and at the same time, that saves our client companies so much money. Typical payroll cost with direct deposit, enhanced by the Directo payroll card, can decrease significantly, while increasing efficiency."

For Southern Pan Services, the savings are about more than dollars. "Without a paycheck to cash, our employees are taking shorter breaks. They don't have to pay check cashing fees, either," said Harris. She likes that her employees are safer, too. "Their payroll is in a bank account, not in their pockets."

McCarthy adds that with current economic conditions, Directo payroll cards make sense for all businesses. "Our program costs the employer nothing, yet provides real value. It's a benefit that employees appreciate, too. Directo paycards can be quickly implemented, and results are seen within the first month."

About Directo

Directo is the service leader in providing pay cards to America's unbanked consumers, providing a safe, economical way for unbanked consumers to get their pay via FDIC-insured accounts while allowing them access to direct deposit participation, no check-cashing fees and year-round, 24-hour a day access to money via the ATM network and at retail POS terminals. Serving the unbanked is Directo's entire focus. The company partners with banks, payroll companies and associations that seek to widen their offering to encapsulate a new customer base. Employers benefit from reduced payroll costs and increased employee retention. Customer segments served include construction services, staffing, agriculture, hospitality, retail, food services and other service industries. For more information, visit www.directocard.com.

# # #