The purpose of paycards as a pay method is to ________.
A)prevent employees from opening bank accounts
B)promote accessibility and portability of employee compensation
C)protect payroll processes against embezzlement
D)promote debit card use as a means of economic stimulus

Question

Quizplus · Accepted Answer

Paycards are a type of electronic payment method that can be used to distribute employee compensation. They offer employees the convenience of immediate access to their wages, without the need for a traditional bank account. Paycards promote portability of compensation and accessibility to employees who may not have access to traditional banking methods.

The Purpose of Paycards as a Pay Method Is to ________