Word: atm
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Some consumer advocates say the cards simply transfer costs from company to worker. Payroll cards can come loaded with fees for any number of transactions--opening or maintaining an account, or withdrawing money from an ATM--although typically the first withdrawal of each pay period is free. Fees for balance inquiries, adding money or making a purchase have also cropped up. Says Tracy Shelton, consumer attorney for the New York Public Interest Research Group (NYPIRG): "Because it's $1 here, $1.50 there, a lot of people may be shocked to see what they spend. They don't think...
Blockbuster introduced payroll cards to its corporate employees last December and is seeking to expand the program to its 60,000 store employees. Employees get one free Bank of America ATM withdrawal per week. There is a $1.50 monthly maintenance fee, but workers also receive monthly statements on paper, Web access to card activity and an automated telephone system for tracking transactions and balances...
...payoff, the survey found, is significant. Those checkbook balancers, for example, have more savings, less credit-card debt and fewer financial worries than people who choose to rely on just their ATM receipts for confirmation of what's in their accounts...
...Congress is not an ATM." ROBERT BYRD, Democratic Senator from West Virginia, to Paul Wolfowitz, on the White House's postwar funding request...
Other companies are working out ways to limit the wave of terrorism that a bio-attack could set in motion. At Los Alamos and at Lawrence Livermore National Laboratory in Livermore, Calif., scientists have developed an air-quality testing unit the size of an ATM. When installed in subway stations, airports, arenas or convention centers, these devices sample the air and submit it to tests in a self-contained laboratory. Within an hour, they can report the presence of anthrax, smallpox or other pathogens...