USHCC Supports PaycardUSA as it Offers Hispanic Workers the La Moneda Card Prepaid MasterCard(R)

The United States Hispanic Chamber of Commerce (USHCC) proudly announces its support of a new PaycardUSA program that will offer its business members the convenience of paying their workers through the La Moneda (The Coin) Card Prepaid MasterCard.

“As a business owner in the construction industry we employ hundreds of Hispanic workers. I was so excited when we discovered how the PaycardUSA payroll cards worked for us and our workers, our company invested in PaycardUSA. We are honored to be endorsed as the USHCC payroll card and will work diligently to keep bringing critical financial services to workers — using the card as the registration and payment vehicle.” James Hammer, owner WestCor Construction & PaycardUSA.

The La Moneda Card is essentially a prepaid MasterCard card, allowing workers to avoid check cashing lines and fees and offering key benefits such as:

– Easy on-line bill pay
– State of the art mCash mobile commerce application
– The ability to purchase special discounted goods and services
– Additional cards can be ordered for other family members, allowing the employee to move funds to the family card. No more wiring fees to send family members money or having to send cash with family members on vacation.
– Workers have the freedom to rent movies, purchase online, or make everyday purchases without having to walk around with a lot of cash.

“The USHCC is proud to support PaycardUSA as it provides our business members with a system that will truly meet the most pressing needs of Hispanic workers,” said Elizabeth Gallagher, USHCC Vice-Chair. “The La Moneda Card Prepaid MasterCard is the preferred solution for our business members’ Hispanic workforce and we recommend the card for any worker.”

A Paycard saves small and medium size businesses both time and money as it is less costly to pay workers through a Paycard than paper checks. As a modern twist for “pay day,” it is a much more efficient and safer way for employees to receive their paycheck.

“It is costly for employers to pay workers by writing checks, money that businesses can save using the Paycard,” said Rafael Sanchez, USHCC Board Finance Chair. “The ROI calculator website feature is an easy tool that will allow you to calculate your savings per employee per year based on check printing and bookkeeping.”

For more information on the partnership and the La Moneda Card Prepaid MasterCard program, please visit www.paycardusa.net/lamonedacard or www.ushcc.com .

About the United States Hispanic Chamber of Commerce
Founded in 1979, the USHCC actively promotes the economic growth and development of Hispanic entrepreneurs and represents the interests of more than 2.5 million Hispanic-owned businesses in the United States that generate more than $388 billion annually. It also serves as the umbrella organization for 200 local Hispanic chambers in the United States, Puerto Rico, Canada, Mexico, Bolivia and Uruguay.

About PaycardUSA, LLC
PaycardUSA offers payment solutions that allow you to pay dozens, hundreds or even thousands of employees with a single transaction that takes mere minutes. With the paperless PaycardUSA MasterCard(R) Payroll Card program, you can make your payroll process simple and easy and save your company money while providing your employees the benefit of a Prepaid MasterCard card. PaycardUSA is a registered MSP of Palm Desert National Bank. The La Moneda Card Prepaid MasterCard is issued by Palm Desert National Bank pursuant to a license from MasterCard International Incorporated.

MasterCard is the registered trademark of MasterCard International Incorporated. “

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