The business of check cashing
Check cashing, as a business, is a poorly understood "alternative" financial service.
I write roughly biweekly on the intersection of tech, financial infrastructure, and systems thinking. It's free.
Check cashing, as a business, is a poorly understood "alternative" financial service.
Payroll processors exist to provide financial infrastructure and because political economy is complicated.
A lot of more modern financial infrastructure follows the paths blazed by checks, at least in the U.S.