I don't know if it's so much a scam as it is banks and companies and such being stuck in the past.

You could be getting paid every week or even every day, it's your money, you already earned it, why should you have to wait for it?

Especially in this day and age where everything is computerized. You punch in, you punch out, the computer knows how long you worked, somewhere in their payroll system they know how much you earned, what needs to be withheld, etc. It takes fractions of a second for a computer to do that math, they could send that transaction the moment you clock out.

When things were more manual, it made sense, you had to have someone adding things up, and doing math, computers were bigger, slower, less user friendly, more expensive, and not all hooked up to the Internet up to the Internet to talk to each other. It used to make a lot of sense to do things in big batches at the end of the day, every week, every 2 weeks, 2 or 3 times a month, whatever.

But now you could put in your 8 hours work, and walk out with your days wages already in your account ready to be used for whatever you need it for immediately, no more being broke until payday, payday is every day. But that's not how it works because as far as the banks and such are concerned everything is working fine for them, so no real need to update their shit.