WASHINGTON — The Consumer Financial Protection Bureau warned banks and other companies that it will pursue action against any employer that forces employees to deposit wages into a payroll card account.

The agency said employers can offer direct deposit on a payroll card as an option, but cannot require it. The CFPB also cautioned that banks and others that use such programs must comply with federal consumer protection laws specifically when it comes to disclosing fees, giving access to account history, unauthorized use and resolving errors.

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