When events like the NCAA Final Four come to town, they bring an influx of short-term workers who keep everything running\u2014but often for just four or five days. Despite the brief duration of this work, many organizations still rely on traditional payroll systems to compensate them, creating unnecessary friction where speed and simplicity matter most.<\/p>\n\n\n\n
In industries that have relied heavily on cash tipping, such as hospitality, prepaid cards can be just as game changing. Instead of asking for a valet driver\u2019s Venmo, a diner could scan a QR code and send a tip directly to the driver\u2019s prepaid account.<\/p>\n\n\n\n
While event staffing and tipping are two clear examples, the potential extends much further. In a recent PaymentsJournal podcast, Ben Osmond<\/a>, SVP of Treasury and Payment Solutions at U.S. Bank, and Jordan Hirschfield,<\/a> Director of Prepaid at Javelin Strategy & Research, explored the impact of prepaid solutions across sectors such as the gig economy and contract work.<\/p>\n\n\n