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?

[Anonymous Coward]

C'mon America; you used to be such a beacon to the rest of the world.

A beacon to the rest of the world ? In what era ? /sarcasm
The only value worth in the american system is the almight dollar. Everything else is secondary. Whatever social conquests were done, they were done because of "european" influences. Communism in its early years, and socialism. A time when trade unions and the worker movement acted as counterweight to the economic elites. From those confrontations came the american middle class. America has never exported anything worth a damn, except wars of conquest and genocides (the indian genocide).