Which of the following might be used by an employer to pay an employee?
A)ATM card
B)stored-value card
C)preloaded debit card
D)prepaid card

Question

Quizplus · Accepted Answer

Preloaded debit cards are typically used by employers to pay employees. These cards are linked to a specific amount of money that has been preloaded onto the card by the employer. They function like a regular debit card and can be used to withdraw cash or make purchases. ATM cards and stored-value cards are not typically used for payroll purposes, and while prepaid cards may be used for payroll, they are generally not as secure or regulated as preloaded debit cards.

Which of the Following Might Be Used by an Employer