Following changes made by the RBA to salary packaging rules in Australia, companies that offer salary packaging services must now use prepaid cards. As a result, all of the major banks have opted out of the market, leaving companies to find an alternative to continue offering these value-add services to their employers, many of which play critical roles in Australia's health care, education or public services.
EML’s customisable service solution offers superior functionality and benefits, in a simple, straight forward process. Our innovative solution provides just one card that can access funds from multiple accounts in real-time, eliminating the need for your employee to carry multiple cards in their wallet. This multi-account feature also allows you to offer real-time incentive and rewards that are redeemed at point-of-sale without the need to scan barcodes or carry additional loyalty cards. Our complete full-service program management includes, fraud prevention, chargeback management, and full compliance with the Australian Tax Office Fringe Benefit Tax (FBT) requirements.
Simplicity and convenience of one card
- Additional merchant discount rewards
- Easy to apply spend controls
- Convenient card account monitoring
- Full compliance with ATO requirements and FBT management
