Is it necessary for one to have a bank account and be paid by cheque (or direct deposit) in order to retain employment? Seems that way. Why is it mandated that I as a free, private citizen, must have a bank account?
The banks should be paying you to use your money, not have them mandated and charge us monthly fees, ensuring a constant flow of revenue.
It's bad enough that the insurance companies, which are privately owned, are mandated by law.
If something is mandated, it should not be used to generate income other than to cover costs. Maybe the state should own any industry that it mandates.