On May 4, 2022 Gusto submitted a statement for the record to the Senate Banking Subcommittee on Financial Institutions and Consumer Protection’s hearing entitled “Examining Overdraft Fees and Their Effects on Working Families.”
As a leader in providing innovative embedded finance solutions through payroll, we shared how we have designed our product, Gusto Wallet, as an inclusive and responsible option for small business employees to access financial products and features. We are committed to providing products that improve employee financial health and wellness, and are better alternatives to overdraft fees.
Read the full letter here:
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