Employers Switching From Payroll Checks To Prepaid Cards With Fees

An anonymous reader writes "The New York Times reports a growing number of American workers are being paid by prepaid payroll card. The cards often have fees attached to basic services like making a cash withdrawal or for inactivity. Some employees report that the employers pay by card by default, with paperwork barriers to opting out, and some report that their employers refuse to pay them by check or direct deposit. The issuing banks pitch the cards to employers as a cost-cutting payroll alternative, and sometimes even offer a financial reward for each employee they sign up."

Comments

Re:How is this legal?

[i kan reed]

Union won't cover embezzlement? Oh deary me, how cruel.

Re:State of Oklahoma as well

[Archangel Michael]

Republicans are for big business (as is some democrats), Democrats are for big government (as are some republicans). You mix 40-60% of each and get this result: big business colluding with big government.

You want different results, try a different recipe, vote Libertarian.