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JPMorgan Introduces Workers' Comp Debit Card

Friday, August 15, 2008 | 0

JPMorgan introduced a prepaid debit card that can be used to deliver workers' compensation benefits to injured workers, saying it is the first major financial institution to offer such a product.The Chase Workers' Compensation Card, issued by JPMorgan, provides insurance companies with an alternative method for paying injured workers and improves the benefits payment process by reducing the costs and time associated with paper-based check distribution, the company said. Card holders benefit from efficient, economical and reliable access to insurance payments without having to wait for ...

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