By Josh Davis
There has been a lot of buzz revolving around the payroll card industry after a recent lawsuit that sprung up, negative press articles appeared, and the start of an investigation by New York Attorney General, Eric Schneiderman, began. So, I sat down with Bernie Nolan from Global Cash Card to get both sides of the prepaid payroll card story and offer an overview for payroll providers still interested in or concerned about providing this as an option to clients. To read Bernie’s guest post on our blog about the benefits of providing paperless pay options to your clients, click here.
The Market for Payroll Cards is Growing… Fast
It is important to note as a provider of payroll services that the payroll card industry is continuing to grow at a steady rate. In fact, according to a report by the Aite Group, $34 billion…