Clarifies wage payment methods and authorizes payroll cards in New York.

This bill amends the New York labor law to clarify wage payment methods and authorize the use of payroll cards. It specifies that wages can be paid in lawful money, by check, or electronically. Payroll cards must be prepaid, cannot be linked to credit, and must be insured by the Federal Deposit Insurance Corporation or a similar entity. Employers must provide employees with transaction history, notices, and error resolution procedures at no cost. Employers cannot charge fees for point-of-sale transactions or account maintenance.

Clarifies wage payment methods and authorizes payroll cards in New York.

This bill amends the New York labor law to clarify wage payment methods and authorize the use of payroll cards. It specifies that wages can be paid in lawful money, by check, or electronically. Payroll cards must be prepaid, cannot be linked to credit, and must be insured by the Federal Deposit Insurance Corporation or a similar entity. Employers must provide employees with transaction history, notices, and error resolution procedures at no cost. Employers cannot charge fees for point-of-sale transactions or account maintenance.