MetaBank, a wholly-owned subsidiary of Meta Financial Group, has extended payroll card collaboration with Global Cash Card through 2022.

Global Cash Card operates as provider of paycard solutions specialising in paperless payroll and direct deposit distribution for its clients and their employees.

Under the terms of the renewed agreement, MetaBank will also start supporting Wisely by ADP, which is a new paycard that offers a range of services such as instant pay, digital wallet and other financial management tools.

Wisely Pay was the first product launched by ADP in May this year after the company acquired Global Cash Card in October 2017.

MetaBank executive vice president and head of payments Sheree Thornsberry said: “We have partnered with Global Cash Card since 2010. This new agreement showcases our collaborative relationship with them and the trust imparted to us by ADP. We will continue to work together to provide innovative payroll solutions for their customers.”

ADP Payments general manager Mark Putman said: “Our connection with Meta has allowed us to push product innovation. Meta has been a great supporter of our initiatives and continues to prove to be an exceptional business partner. We look forward to extending our relationship and continue to enjoy our shared success.”

MetaBank operates in both the banking and payments industries through MetaBank and Meta Payment Systems.