What is a disadvantage to using paycards as a method of transmitting employee compensation?
A) Ease of paying traveling employees.
B) Convenience of retrieving pay disbursements.
C) Acceptance of paycards at many locations.
D) Potential withdrawal and point-of-sale limitations.

Question

Quizplus · Accepted Answer

Paycards may have potential withdrawal and point-of-sale limitations, which can create challenges for employees who need to access their funds. For example, some ATMs may not accept the card, or there may be limits on the amount that can be withdrawn at one time. This can lead to frustration and additional costs for employees who are unable to access their pay in a timely and convenient manner.

What Is a Disadvantage to Using Paycards as a Method