FOR IMMEDIATE RELEASE                                                                            October 14, 2005

 

                                                                                                         Contact: Ben Ruiz 502/589-3229

 

PAYROLL DEBIT CARDS
BY PAYPORT SYSTEMS!

 

THE DIRECT DEPOSIT PAPERLESS PAYROLL SOLUTION!

 

LOUISVILLE, KY-Saúl García has been named President of PayPort Hispanic Marketing, a subsidiary of PayPort Systems that markets payroll debit cards. Together with Jim Hill, President of PayPort Systems, they have formed the new subsidiary expressly to serve the burgeoning U. S. Latino market. The cards are being introduced to human resource managers and employers of companies that seek to do away with paper checks because payroll debit cards can save them up to 75% of the cost of processing paychecks.

 

The concept has been introduced in other parts of the country, and there are already millions of workers using payroll cards as a paperless way to get paid. The way the PayPort payroll cards work is similar to the way direct deposits work except that instead of a check, the employee gets his pay automatically deposited in his (or her) debit-style VISA^® or MasterCard^® and can access his pay on payday just by using the payroll card at any ATM machine.

 

As a debit card, one of the biggest advantages of the PayPort payroll card is how it also facilitates the transferring of money to and from other countries throughout the world.

 

Here are the advantages of using the PayPort payroll card for the employee:

·        No more standing in line waiting to cash a check!

·        You don’t need a bank account

·        You can stop carrying cash!

·        No checks means you don’t need a check cashing store

·        24-hour access to the ATM network accepting VISA^®, MasterCard^®, Maestro^® and Cirrus^® brand cards

·        Card can be loaded with funds an unlimited number of times

·        Free customer service assistance

·        Free online access to accounts for free internet fund transfers in the U.S. and internationally

·        You can purchase goods on the internet (VISA^®/MasterCard^®)

·        You can pay bills via the telephone or the internet (VISA^®/MasterCard^®)

·        You can make purchases wherever PIN-debit transactions are accepted

·        If your card is lost or stolen, your secret Personal Identification Number (PIN) makes it safe because only you know the number (Maestro^®/Cirrus^® cards only)

·        You can establish a history of financial responsibility

·        Cardholders can also choose a long distance telephone benefit option

·        Insured by the Federal Deposit Insurance Corp. for up to $99,999 (just like having the security of a bank checking account)

 

In addition, a PayPort payroll card offers these additional advantages:

·        Overdraft protection in case of insufficient funds

·        Repatriation Insurance—insures cardholders a proper burial in their home country in the event of their passing while in the U.S.

·        Voluntary Benefits Option—offers the convenience of personalized health care benefits

 

Jim Hill says: “It’s quite an honor to have the opportunity to supply a service for a market that is under-served especially when one of the outstanding leaders of the Hispanic/Latino community (Saúl García) steps up to the plate and becomes a part of the initiative.”

 

Saúl, originally from San Jose, Jalisco, Mexico, is a 1986 graduate of the Universidad Nacional Autonoma de Mexico (UNAM in Mexico City) where he earned a degree in Business Administration. Establishing US residency in California in 1986, he migrated to Louisville, Kentucky in 1992 and has called Louisville home ever since.

 

Saúl owns four successful and well-known Mexican Restaurants in the Louisville area called Los Aztecas. His involvement in all aspects of the Latino community is notable. Mr. García is serving as the Liaison to the Mexican Counsel headquartered in Indianapolis for the Commonwealth of Kentucky and in 2002 received the prestigious Gold Medal Award for Minority Entrepreneurship from the US Chamber  of Commerce at their Annual Dinner in Washington DC.

 

Saúl also serves on various national and local boards of directors including the Mexican-American Sports Council; the National Soccer Federation; the Institute of Mexicans in the Exterior (IME). Locally he is serving on the Boards of the Latino-Hispanic Coalition and the Hispanic Business Association. Saúl's drive, energy, business acumen and leadership will assure the Latino community that quality-tailored products and services will be provided to this underserved market.

 

More information about PayPort payroll cards is available by calling Saúl García at 502-719-6307 or Rick Daniels at 502-719-6341.