News & Analysis as of September 18, 2024

Payroll Cards

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Financial Institutions and Employers Cannot Mandate that Wages be Deposited to Payroll Card Accounts

Baker Donelson on 10/30/2013

Payroll card accounts have many benefits. The cards are a helpful option for employees who do not have checking accounts, and many banks have offered financial incentives to employers who choose their institution's card to...more

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Enforcement › Compliance › Payroll Cards

Financial Institutions and Employers Cannot Mandate that Wages be Deposited to Payroll Card Accounts

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