A Payroll Card is a stored-value card offered by some companies to their employees as an alternative to payroll checks or direct deposit. Payroll cards are similar to debit cards and can be used to make purchases or withdraw cash at ATMs.

Pay roll card or disbursement card is generally used by the corporate customers/large firms to give to their employees who go on tour for payment of incentives to staff, wages to workers etc.Pay roll cards are expected to be issued to the customers in bulk quantity. For this purpose, an upload file will be provided to branches to create value for all the cards issued.

If your children or parents are living far away from you and you want to send money to them every month for their personal use, you should look at Union Bank power pay card. It is a prepaid debit card that can be reloaded at your will and the card holder can use it for withdrawals and purchases across the country.

• Power pay card can be obtained for a period of one year and can be renewed for two more years..
• Each Card is issued at a price of Rs. 100/- each.
• Redemption or renewal after Expiry Period - Rs. 100/- towards handling charges