USPS Debuts Paycheck-cashing Services

The U.S. Postal Service rolled out a paycheck-cashing service at a few post offices on the East Coast in September, according to a Monday (Oct. 4) report from The Washington Post. Customers of post offices in Washington, Baltimore, Falls Church, Va., and the Bronx can cash paychecks in exchange for Visa gift cards up to $500, according to the article. The pilot effort is expected to broaden into a more comprehensive study with additional locations and financial products, including bill-paying services and ATMs, according to the article.