Payroll Cards: An Innovative Product for Reaching the Unbanked and Underbanked

 

This edition of the Office of the Comptroller of the Currency’s Insights examines the growth of payroll cards and their potential for use by national banks to attract unbanked households into the financial mainstream.  Payroll cards allow employees to access their pay through various means and help to introduce financial products to customers who do not own a checking account. Read the report for additional information on how payroll cards operate.

Audience: 
General Audience, Employers

Agency: Office of the Comptroller of the Currency


Agency:

Logo of the Office of the Comptroller of the Currency

Office of the Comptroller of the Currency

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Audience:

General Audience, Employers

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