Transcard Mobile includes a new, updated, WAP-enabled Transcard web site (www.transcard.mobi), and cardholders will have the ability to conduct account balance inquiries, receive text alerts for balances, confirm transactions, and transfer funds securely, all via cell phone.
In addition to offering a short code, cardholders can call into a dynamic VRU switch that interacts with their mobile phones as another method for controlling the specific activities to their account.
Transcard is also unveiling Electronic Payroll Stubs, a process that distributes electronic wage statements and payroll updates via SMS text technology. Although Transcard has offered electronic wage statements via the web for some time, this is the first payroll stub product available by cell phone.
"As the payroll card industry grows in terms of cardholders, so do the expectations of that loyal cardholder base," said Craig Fuller, CEO of Transcard. "With advancements in the realm of SMS messaging and electronic statements, Transcard can truly support a paperless society and aim to save an estimated 205,000 trees a year that contribute to the production of payroll stubs that are never opened. Our mobile initiative will achieve two goals - eliminate waste involved with cutting paper stubs, and reinforce Transcard's commitment to an eco-friendly environment."