Full-featured debit card will support wide range of employee benefits programs LITTLE ROCK, ARK. (May 4, 2022) – DataPath, Inc., a leading provider of technology ...
Debit Card Support for Custom Benefit Programs
DataPath's COMPASS™ card enables TPAs to go beyond their competition with a highly customizable debit card that can support almost any benefits program.
In today’s rapidly diversifying benefits market, TPAs need the ability to adapt and innovate without boundaries. Backed by over a decade of experience in end-to-end card processing, the DataPath COMPASS™ card helps TPAs address employers’ specific needs, parameters, usage restrictions, and supported benefits accounts while delivering a first-class customer experience.
The COMPASS™ card is perfect for such benefit programs as:
Lifestyle spending accounts
Employee bonuses and perks
Qualified disaster relief payments under IRS Section 139
Miscellaneous employee support programs (gasoline, groceries, heating oil, propane, etc.)
Medicare Advantage / Medigap / Medicare Supplement programs for active employees or retirees
Supports Nearly Any Program Parameters
DataPath COMPASS™ is a debit card that can be used virtually anywhere in the U.S. You can accommodate purchases by setting up your desired program requirements directly in Summit, DataPath's cloud-based solution for benefits debit card administration.
Set Usage Restrictions at the Plan Level
The Summit platform enables employers to implement benefits programs that allow debit card usage only at specific types of merchants. Set MCC code restrictions in Summit at the employer plan level without any need for technical support.
More about COMPASS™ Card and Custom Benefit Programs
McGregor & Associates, Inc.
We have shopped around, and we cannot find another HSA platform that offers what DataPath offers. The reporting, customer service, ease of ability to use the system – you won’t find that anywhere else.
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