Today, Benefit Resource, LLC (BRI), a national third-party administrator of Pre-Tax Benefits and COBRA, announced the launch of its digital wallet options on Apple Pay®, Google Pay® and Samsung Pay®. The contactless payments enabled through the digital wallet provide participants with a Beniversal® Prepaid Mastercard® and eTRAC® Prepaid Mastercard® a safe, convenient method to pay for eligible items as the country engages in phased reopening following the coronavirus pandemic.
Ready for What’s Next: Safety, Speed and Simplicity
The digital wallet options from BRI allow participants to use their pre-tax account funds to pay for their commuter benefits and health care expenses through a contactless payment experience. This helps to promote safe, compliant access to pre-tax benefit accounts; while reducing the risk of contact exposure in heavily used areas, such as commuter turnstiles.
“Our commuter benefits solution has been a core offering for BRI for two decades and has allowed us to become an industry leader in this market. This launch is yet another example of BRI leading the market with innovative solutions. We are pleased to be able to provide a faster, more secure and touchless payment experience at a time when there is a heightened awareness around public health and safety”, states BRI CEO Jason Hall.
We are pleased to be able to provide a faster, more secure and touchless payment experience at a time when there is a heightened awareness around public health and safety”-Jason Hall, BRI CEO
Beyond safety, the digital wallet solution provides convenience to users as they transition to a mobile-first world. For veteran or first-time digital wallet users, the setup process is simple and straightforward.
For those utilizing commuter benefits in New York City, the digital wallet for the Beniversal and eTRAC Cards opens up new payment options from OMNY, the contactless fare payment system introduced by the MTA that is set to eventually replace the MetroCard.
“The digital wallet solution, along with the flexible commuter benefit options offered by BRI, provide an ideal approach for employers and employees looking to return to work. We are entering a new normal which likely includes blended commuting needs and more on-demand purchasing capabilities. BRI is excited to be at the forefront of this trend and lead employees into the next phase of benefits payment technology,” states Becky Seefeldt, VP of Strategy.
About BRI: Founded in Rochester, New York in 1993, Benefit Resource, LLC, (www.BenefitResource.com) is a pre-tax benefits and COBRA administrator and is a leader in technology enabled solutions for tax-free employee benefit plans that streamline plan administration, reduce overhead costs for employers and improve convenience and security for employees.