This week, a woman in the metro Atlanta area cashed her $4000 tax refund check at WalMart, and was then attacked in the parking lot by someone who must have seen her flash that cash. Her little girl witnessed the thief beating her mother. The perpetrator was caught, but the woman was hurt and her child were traumatized. Direct deposit of that refund check would have gone straight to her bank or her Directo paycard account, and the transaction would have been safe, private, and deposited much faster, too.
Thieves are watching. Where do your employees cash their checks?
Read the original story here.
Showing posts with label tax refund. Show all posts
Showing posts with label tax refund. Show all posts
Thursday, February 10, 2011
Friday, January 23, 2009
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.
"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.
Labels:
Directocard,
stimulus check,
tax refund,
tax refund cards
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