Detailed text transcripts for TV channel - MSNBC - 20130704:03:32:00
Active payroll cards worth $34 billion. it's easy to see how the fees on billions of dollars can easily reach the hundreds of millions up to a billion dollars or more per year. everybody is making money off of it, except the low wage hourly employee who is losing money from the deal. sometimes so much so they are effectively reduced to sub minimum wage according to advocates and state and federal regulators. this heinous practice persists. there are three parties, the employee, the employer and the bank. and two of those three are making money off the deal, but not the working stiff. not all h...