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Old 07-28-2013, 12:24 PM
Rex E.'s Avatar
Rex E. Rex E. is offline
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Join Date: Dec 2010
Location: Willamette Valley
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Quote:
Originally Posted by BeamOn View Post
Here is an answer from the linked article: "a calculator on Visa’s Web site estimates that a company with 500 workers could save $21,000 a year by switching from checks to payroll cards."

So in effect Visa is getting free use of the payroll money till it's spent and on top of that gets additional fees to disburse it. What a great racket and another example of how it pays to be the middle man.
We love our middle men and will cling to them till the end....
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