Question

Payroll cards are an alternative way for employers to pay employees when they don’t have a bank available for direct deposit. List one pro and one con of being paid by payroll cards.

Answer 1

**Pro:** **Convenience and Accessibility** - Payroll cards allow employees who may not have traditional bank accounts to receive their wages electronically. This can simplify the payment process and provide immediate access to funds, as employees can use the card for purchases or ATM withdrawals.

**Con:** **Fees and Costs** - Many payroll cards come with various fees, such as ATM withdrawal fees, balance inquiry fees, and monthly maintenance fees. These costs can accumulate and reduce the worker's overall earnings, making payroll cards less advantageous than direct deposit or cash payments.