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View Diary: Chase has taken their next move, into your paycheck (265 comments)

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  •  i know that california requires - yes, REQUIRES - (1+ / 0-)
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    that employees be able to cash their paychecks without charge.  i don't know if this is true in other states, but there can be no fee to take a check into the bank on which it is drawn - or, if that bank isn't local, the employer has to make arrangements with a local, nearby bank to cash the checks.

    don't know if that is also true with the paycards - but if there are any fees, then the employees have a strong case to take their employer to the labor relations board in their states.

    the other option is that the mcdonald's itself would have to be able to cash out those cards, if the employee demands it.

    if it were me, i'd be at the till on payday demanding my money right then and there - if it weren't available to me the same day, hello civil lawsuit!

    unfortunately, i see more and more businesses going paperless - notably, at the gas stations, there are two prices - one for gas on the card (or a surcharge is added) and one for cash.  we are moving into a double tiered monetary system - and i don't like it any more than the diarist and those commenting.

    the new "pay by phone" is just chilling (as someone who had my phone stolen).  too many people have access to our personal funds... and your point about being stolen or lost is well taken (although, losing a wallet with cash is the same thing).

    too many banks lock out users from getting a bank account, too, if they are poor and have ever had a check returned (whether or not it was their own fault).  the stranglehold on the poorest in this society is tightening.

    EdriesShop Is it kind? is it true? is it necessary?

    by edrie on Sun Jun 16, 2013 at 07:13:39 PM PDT

    [ Parent ]

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