More people using Debit Cards for tax refunds

According to a recent article in the Washington Post:

"In the past, taxpayers anticipating a refund had three ways to get their hands on their money. They could wait six to eight weeks for a government check to arrive in the mail. They could have the refund automatically deposited in their bank account, which takes about two weeks. Or they could pay high interest fees for a so-called refund-anticipation loan and get their money immediately.

Now several tax-preparation firms are offering a fourth alternative -- plastic. "

For millions of people considered to be 'unbanked' in America, this is a viable option to receive their refunds quicker, safer and more economically.

Directo cards have long been used for this purpose. We encourage our customers, banking partners and payroll partners to encourage individuals to take advantage of this safe and speedy pipeline to their cash.

Not only is this a great idea, but should the government issue another stimulus check, those individuals with a Directo like card product may receive their funds quicker.