There are a lot of myths perpetuated about the use of payroll
debit cards as a method of paying wages to employees. Politicians
and some employee groups have reported horror stories of workers
paying exorbitant fees to use payroll debit cards. Like many things
in life, these stories are often only partially correct at best.
Fear, more than any other factor, seems to contribute to the
misinformation being spread about payroll debit cards.
Prepaid cards are a regular part of commerce today. Gift cards
are perhaps one of the most common kinds of prepaid cards, but
there are many others. Many of the stories in the press are about
prepaid cards, which are different from payroll debit cards. It is
likely that at least some of the confusion and misinformation
relates to the failure to understand the differences between
prepaid cards and payroll debit cards.
