Government, Court and Correctional Payments

Rapid’s Government card program allows cardholders instant access to their funds from ATMs and stores where MasterCard is accepted. The program creates a user friendly environment, that gives cardholders and administrators the ease and convenience of 24/7 access to their account in a secure, real-time environment. It removes the hassles, costs, and inconveniences that go along with writing checks. Card pricing, features, functions, and terms and conditions are available anytime online for cardholders, along with how to use their new card and how to avoid fees.

Step 1

Card is issued with no value

Step 2

Card is loaded by business officer via online portal

Step 3

Funds available immediately to cardholders

Step 4

Real-time reporting for card activity

Markets we Serve

Here are just a few of the many Government markets that we serve

Jury Payments

Subpoena Payments

Bond Payments

Tax Refunds

Inmate & Work Release

Structured Payments

The Problem

When someone is called for Jury Duty, the process of compensation for time spent in trial is burdensome. Checks are issued after the trial is completed, and mailed to the individual, which can sometimes take weeks. Sometimes these checks are mailed to wrong addresses and the individuals never receive payment. This costs staff time, additional mailing and check costs, and large amounts of frustration for both parties involved. When checks are never cashed, or funds go unclaimed, State escheatment laws come into affect that cost even more time and money.

The Solution

Market researchers estimate the cost of issuing paper checks to be nearly $10 per check. Contrast that with the roughly $1 per transaction for electronic payments (ACH). Labor costs comprise the largest expense incurred from in-house payment operations. But there are also costs for materials like printers and envelope stuffing and sealing machines; postage; and supplies, including highly secure check stock, MICR toner, and envelopes. Businesses will also pay bank fees and incremental charges for fraud protection, such as positive pay, check reconciliation services, and retrieval of transaction history and check images.

Features

Cards Can be Loaded Right in Your Office

Able to Reverse Funds on Cards

24/7 Online Tracking of Cards

Online Monitoring of All Transactions

Eliminates Check Writing

Eliminates Trips to the Bank

Eliminates Lost or Stolen Cards

Unlimited Debit Card Loads

Benefits

Able to Track Spending on All Cards

24/7 Access to All Card Account Information

Protects Your Financial Information

Saves You Time and Money

Instant Access to Funds

Lost Cards Can be Easily Replaced

Able to Load or Reverse Funds 24/7

Eliminates Trips to Bank and Post Office

Save time and money by starting your program today!