Law360, New York (August 20, 2009) -- The benefits of electronic wage payment are well documented. Direct deposit and payroll cards provide employees with access to their net pay in a far safer, more secure and less expensive way than traditional paper paychecks.[1]
Employees who do not have a regular checking or savings account ("unbanked employees") are able to access wages loaded onto their payroll card without resorting to expensive check-cashing services....
