In the past, employers have looked to direct
as a convenient and efficient method of delivering wages to their employees. Many states prohibit employers from using direct deposit as the sole method of compensating their employees, however. This is likely due, in part, to the fact that a number of American workers do not have, or are not eligible for, a traditional bank account. Paycards provide a welcome solution to this problem as personal bank accounts are not required, meaning that all employees, including the "unbanked" workforce, are eligible to participate.
