There are more than 15 million direct sellers in the United States, and more than 200 companies are members of the Direct Selling Association, including many well-known brand names. Direct selling companies need a low-cost, dependable and efficient solution to pay commissions to their distributors while providing cost savings to the company.
“Companies that eliminate paper commission checks can streamline their distribution while reducing expenses,” said Nancy Burke, the membership director of the Direct Selling Association. “First Data’s Money Network provides reasonably priced electronic commission distribution to DSA member companies that want to provide this service to their independent distributors.”
“Electronic distribution helps direct sellers ensure prompt disbursement and access to commissions for all independent distributors, while improving security and reducing administrative costs associated with paper check printing and distribution,” said Jim Contardi, division manager for First Data’s prepaid business. “For the distributor who receives it, the Money Network card is a tool that can be reloaded easily and used to make payments anywhere debit cards are accepted.”
Providing immediate access to funds when commissions are paid and access to cash at thousands of surcharge-free ATMs, retail and check cashing locations, Money Network enables direct selling companies to provide a safe and convenient compensation alternative for their independent distributors.
About First Data
First Data powers the global economy by making it easy, fast and secure for people and businesses to buy goods and services using virtually any form of electronic payment. Whether the choice of payment is a gift card, a credit or debit card or a check, First Data securely processes the transaction and harnesses the power of the data to deliver intelligence and insight for millions of merchant locations and thousands of card issuers in 37 countries. For more information, visit www.firstdata.com.
Contacts:
Glen Turpin - First Data
303-967-6552
glen.turpin@firstdata.com
Nancy Burke - DSA
202-452-8866
nburke@dsa.org
