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SOLE Blog

What is a Paycard?

A paycard (or payroll card) is an alternative to a traditional bank account or paper check that allows an un- or underbanked employee to be paid electronically via direct deposit.

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How Does SOLE Educate Cardholders?

We believe that with financial literacy comes financial inclusion, which is why we educate our cardholders on how to use their paycard.

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SOLE Financial Keyword Bank

Sometimes financial terms can be confusing – we get it, and we’re doing something about it! Check out the definitions to the terms SOLE uses most frequently.

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How to Use Venmo with Your Paycard

Paycards offer you so many modern conveniences – from shopping and paying your bills online, to having a Netflix® account, to sending money electronically with Venmo®.

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Can You Overdraft a Payroll Card?

Simply put: No, you cannot overdraft a payroll card. Although some payroll card companies charge overdraft-like fees, SOLE does not charge overdraft fees.

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