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.
Card is issued with no value
Card is loaded by business officer via online portal
Funds available immediately to cardholders
Real-time reporting for card activity
Markets we Serve
Here are just a few of the many Government markets that we serve
Inmate & Work Release
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.
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.
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
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!