U.S. Xpress Enterprises has announced plans to introduce a 100-percent electronic payroll solution offered through TransCard and the Discover Network. The implementation of the Discover Network Payroll Cards will allow U.S. Xpress to enhance the company’s existing electronic payroll, and it will assist in the company’s efforts to reduce waste and carbon emissions.
“We look forward to implementing our new paperless payroll venture with TransCard, and we believe that the Discover Network Payroll Card will have a positive environmental impact and enhance our payroll system as well,” says Patrick Quinn, co-chairman of Chattanooga, Tenn.-based U.S. Xpress. “The stewardship of our environment has long been one of our company’s core business values. U.S. Xpress applauds and supports the efforts of TransCard in developing innovative green solutions that also provide cost-reduction opportunities.”
Last month, TransCard announced the launch of TransCard Mobile, a text-based payroll stub that allows employees to receive their stubs electronically on a text-based mobile phone, eliminating the use of paper and waste in the process. U.S. Xpress responded by agreeing to implement TransCard’s truly green, paperless ideology.
Offered by TransCard to more than 10,000 U.S. Xpress Enterprises associates, the Discover Network-branded payroll card will allow these associates to use their cards anywhere that the Discover Network brand is accepted, including more than 4,400 financial institutions and nearly 260,000 ATMs and point-of-sale terminals nationwide. U.S. Xpress Discover Network cardholders enjoy the benefits of convenience, cost savings and reduced fraud.
According to statistical formulas established by the Electronic Payments Association, the 100-percent e-payroll solution from TransCard can result in saving more than 10,000 pounds of paper on an annual basis; in addition, a 100-percent electronic payroll delivery by U.S. Xpress can assist in conserving nearly 13,000 gallons of gasoline that would be needed to send all the company’s payroll statements through conventional mail in one year.
Estimates further show that these enhancements in the electronic payroll system at U.S. Xpress have the potential to reduce greenhouse gas emissions by about 399,000 pounds; this year-over-year reduction in greenhouse gas emissions would be the equivalent of reducing 399,000 miles driven by cars, or preserving 55,000 square feet of forest from deforestation.
“It is amazing how implementing electronic payroll can affect an organization’s environmental footprint,” says Craig Fuller, chief executive officer of TransCard. “The TransCard product not only reduces cost in payroll distribution, but it’s also the most environmentally friendly way to pay unbanked employees and associates. We are excited to be a part of U.S. Xpress’ green payroll initiative.”