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Electronic Funds Transfer (EFT) Versus a Payroll Card

An employer sometimes organizes with a financial organization or bank to pay its staff with a payroll debit card. The employee’s salary is credited directly to the payroll card instead of paid by check or directly deposited into an employee’s bank account. In this way payroll is electronically credited to the card. Most payroll debitContinue reading “Electronic Funds Transfer (EFT) Versus a Payroll Card”


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