What is Salary Packaging? Benefits and how it works
SalaryMax is a purpose-built prepaid card solution that makes salary packaging simple, secure, and compliant. It’s designed for not-for-profits, healthcare, education, government, and community service organisations that want to offer meaningful tax-effective benefits to their employees. With SalaryMax, eligible employees can use their pre-tax salary for approved everyday costs like living expenses, meal and entertainment, …
Salary Packaging vs Salary Sacrifice: What’s the difference?
You’ve probably heard the terms salary packaging and salary sacrifice used in conversations about pay and benefits. While they are often used to mean the same thing, there are a few key differences worth understanding. Whether you’re looking to stretch your income further or offer more value to your team, this guide breaks down salary …
Simplify Funding Distribution with Prepaid Cards
When funds need to be provided fast to individuals or communities, traditional methods like cash, store cards or bank transfers can slow things down and make it harder to ensure money is spent where it’s needed most. Mastercard and FIT Prepaid Cards give you a faster, more secure way to distribute grants, reimbursements, or program …
Leading Mortgage Lender upgrades client referral program through innovative prepaid card solution
The objective The Head Office of a leading mortgage lender in Australia set out to upgrade their client referral program across their national network of franchisees. The goal was to create a more flexible, scalable, and rewarding system for referring new clients. The challenge The key challenges they experienced which prevented them from rolling out …
A secure and transparent alternative to traditional taxi cards
Organisations across Australia rely on taxi cards to enable clients, employees, and program members to travel seamlessly from A2B. Whether it’s corporate travel programs, government initiatives, or community transport services, having a secure and efficient payment solution is crucial. However, recent reports have shed light on significant challenges within the taxi card industry, particularly regarding …
How we’ve helped leading manufacturer provider with cashback program
The Challenge A leading manufacturer in Australia was looking for a streamlined cashback program solution to save time and improve visibility of Cashback campaign performance. The challenges they faced were: Dated cashback website with limited functionality. Clunky process with manually issuing each cashback card. Limited reporting capabilities, hindering their ability to track cashback program performance. …
Corporate Prepaid Cards wins Product Review Award 2024
We are thrilled to announce a momentous achievement at Corporate Prepaid Cards – the receipt of the Product Review 2024 Award in the Financial Sector! Product Review is a trusted, online platform where customers share authentic experiences to help users looking for similar products or services. The Product Review 2024 Awards recognize businesses that excel …
Is petty cash bad for my business?
In an age of digitisation and rapidly evolving business practices, some conventional methods of managing finances remain consistent, one such method being the use of petty cash. However, the question arises: is maintaining a petty cash fund still viable for businesses, especially in the contemporary Australian market? An over-reliance on petty cash can increase the …