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Prepaid cards better than paychecks?

December 23, 2008 | alternatives, industry, media coverage, personal finance | Comments (0)

Interesting story on Marketwatch: 

Prepaid cards may be cheaper than check-cashing stores and some banks, providers say, and may reduce payroll costs to employers.

Prepaid cards are for the unbanked.  The Payday Pundit likes this trend because a lot of construction workers who get paid in cash are prey for robbers. 

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