JACKSONVILLE, Fla.--(BUSINESS WIRE)--FSV Payment Systems, Inc. and McDonald’s USA announced today that FSV has been selected as the provider of payroll card services for McDonald’s U.S. company-owned restaurants.
“The PaychekPLUS! Elite® Visa® Payroll Card issued by Comerica Bank will be offered to more than 80,000 employees at McDonald’s USA, LLC’s company-owned restaurants,” said FSV CEO Rick Savard. “As a leading provider of prepaid card products and processing services, we feel that McDonald’s USA’s selection of FSV is an endorsement of FSV’s leadership in creating tailored pay card solutions with a focus on maximizing electronic wage settlement.”
FSV and McDonald’s USA are working together to create a payroll card program specifically for employees of McDonald’s U.S. company-owned restaurants that delivers both value and a suite of card features, including a cash back rewards program, text/email notifications and access to money quicker and easier than paper checks, as well as providing a resource for basic financial literacy. The cards can be used everywhere that VISA and debit cards are accepted.
“With the help of FSV, we’re offering a pay card that elevates the employment experience for our restaurant employees and simplifies administration for our Restaurant Managers,” said Michael Nicholas, McOpCo HR Officer.
About FSV Payment Systems
FSV Payment Systems, Inc. is a leading provider of prepaid debit program management and processing services. Founded in 1999, the privately held company offers innovative prepaid solutions, for payroll, government, rebate and incentive, general purpose reloadable, insurance, healthcare, gift, and other purposes. FSV is headquartered in Jacksonville, Florida. For more information, visit www.fsvps.com.
About McDonald’s USA
McDonald's USA, LLC is the leading foodservice provider in the United States offering a variety of wholesome foods made from quality ingredients to more than 26 million customers every day. Nearly 90 percent of McDonald's 14,000 U.S. restaurants are independently owned and operated by local businessmen and women. Customers can now log online for free at any of the 11,500 participating Wi-Fi enabled McDonald's U.S. restaurants. For more information, visit www.mcdonalds.com, or follow us on Twitter (@McDonalds) and Facebook (Facebook.com/McDonalds) for updates on our business, promotions and menu items.
The PaychekPLUS! Elite Visa Payroll Card is issued by Comerica Bank pursuant to a license from Visa U.S.A. Inc. with cardholder services provided by FSV Payment Systems, Inc.