Which of the following payment methods is growing in popularity among employees?
A)Cash
B)Check
C)Direct Deposit
D)Paycard

Question

Quizplus · Accepted Answer

Paycard, also known as a payroll card, is a prepaid card that an employer can load an employee's wages onto. This method is growing in popularity among employees as it offers the convenience of direct deposit without requiring a bank account. Additionally, paycards are often associated with lower fees than traditional bank accounts, making them an attractive option for employees who may have had trouble opening or maintaining a bank account.

Which of the Following Payment Methods Is Growing in Popularity