icon

Best for

Salary disbursements

  • Instant payments

  • Reduced administration costs

  • Both online and offline use

  • dreamfolks dreamfolks
  • pvr pvr
  • inox inox
  • p p

PayDirect Prepaid Card: Maximum benefits

  • Reloadable and Reusable

    Funds can be reloaded on each payday, ensuring consistent and secure access to salaries

  • Multi-use

    Employees can use the card for cash withdrawals, purchases and bill payments

  • Customised features

    Card features are tailored to match specific business needs, including spend limits and usage restrictions

  • No requirement of minimum balance

    Your employees need not maintain any minimum balance on their cards. So, they can spend the way they want till the balance comes to zero.

Trust in every transaction

The PayDirect Prepaid Card comes with an embedded microchip for high-level security.

PayDirect Prepaid Card: Fees and charges

  • Annual fee

     ₹199 + GST as applicable

  • Joining fee

     ₹250 + GST as applicable

  • ATM withdrawal

     ₹21 per withdrawal + GST as applicable

  • Manual loading charges

    ₹8.5 + GST

  • Card replacement fee

    ₹200 + GST as applicable

  • Most important terms and conditions

    For Terms and Conditions Click Here

    For Corporate Terms and Conditions Click Here

VIEW ALL

About PayDirect Prepaid Card

What is PayDirect Prepaid Card?

The ICICI Bank PayDirect Card is an EMV chip-based reloadable card designed to simplify payroll management. Ideal for businesses of all sizes, this Card serves as a versatile payment solution, enabling companies to transfer salaries, reimbursements and other incentives directly to employees. Employees can use the PayDirect Card for cash withdrawals at ATMs and purchases at outlets with Point of Sale (POS) machines, making it a flexible alternative to traditional payroll methods.

How the PayDirect Card works?

The ICICI Bank PayDirect Card simplifies salary disbursement by allowing companies to preload employee funds directly onto the Card for each pay period. This reduces the need for cash or cheques, as the funds become available on payday, ready for employees to use immediately. Employees can:

  • Make purchases at stores or online
  • Withdraw cash at ATMs
  • Pay bills and manage their expenses conveniently.

In addition to enhanced employee convenience, the PayDirect Card also ensures a high level of security and efficiency for businesses.

PayDirect Prepaid Card FAQs

What is the ICICI Bank PayDirect Card?

It’s a reloadable Prepaid Card designed to handle payroll and incentives for employees, eliminating the need for cash or cheque disbursements.

Can employees withdraw cash using the PayDirect Card?

Yes, employees can withdraw cash at any ATM or use the card to make purchases online and at outlets with POS terminals.

How is the PayDirect Card funded?

The company preloads the card on every payday, giving employees immediate access to their funds.

Is there a way to customise the Card’s features?

Yes, the card’s usage, spending limits and other features can be customised to meet the company’s specific needs.

What should I do if I need more information?

Contact your Relationship Manager for additional details.

VIEW ALL FAQS

Take a word from our customers

  • R

    Rishabh Pathak

    Rating: 4.2 stars

    The ICICI Bank Student Prepaid Card has been an excellent financial tool for managing my expenses as a student. It offers a range of features and benefits that make it a perfect companion for my academic journey. Card has been a reliable and convenient way to manage my finances as a student. It’s secure, easy to use and helps me stay within my budget while enjoying great perks.

  • S

    Saurabh Dutta

    Rating: 4.5 stars

    The ICICI Bank BizPay Card has been an exceptional tool for managing my business expenses efficiently while enjoying a host of benefits. This card has been a game-changer for my business, offering a perfect blend of convenience, control and rewards. Highly recommended for business owners looking to streamline their expense management! 

  • D

    Devesh Singh

    Rating: 5 stars

    The ICICI Bank Gift Card has been an excellent choice for gifting and personal use, offering flexibility and convenience. I’ve loved how easy it is to use across a wide range of online and offline merchants, making it a versatile option for shopping, dining and entertainment. The instant activation and hassle-free redemption process make it a standout choice for last-minute gifting or personal indulgences

Disclaimer

PROCEED