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Getting Stimulus Payments To Consumers; Lessons From Round One

PYMNTS

But how consumers will get those payments — hundreds of millions of payments, covering hundreds of billions of dollars — well, that’s open to some discussion. It’s important to solve for risk management and the rails (and the fact, too, that multiple agencies have been involved, such as the Bureau of Fiscal Services).

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Next-Gen Debit Still Ahead Of Its Time

PYMNTS

Department of the Treasury’s Bureau of the Fiscal Service disburses monies to federal benefit recipients, from veterans to senior citizens and many others, it uses millions of direct deposit prepaid debit cards as part of the payments mix. When the U.S. million prepaid debit cards to mostly unbanked federal beneficiaries.

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Amazon Payments Soon A Way To Pay Federal Government

PYMNTS

The Bureau of the Fiscal Service announced today (June 29) that Amazon Payments will soon be a digital payment option for consumers needing to make an online payment to the federal government. This is being done in order to increase the efficiency for consumers paying the government electronically. federal government.

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IRS: Stimulus Card Isn’t Junk Mail

PYMNTS

The determination of which Americans would receive the debit cards as opposed to checks was made by the Bureau of the Fiscal Service, which works with the IRS to distribute payments. However, the press release from the IRS plainly tells everyone what to look for in terms of the cards.

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Retail Recovery Veils Serious Headwinds

PYMNTS

But while today’s report gives the illusion of a fearless consumer spending lavishly, the reality is more sobering: Consumers are increasingly fearful amid new spikes in COVID-19 cases and a looming fiscal cliff.”. The health factor is also the key structure in the PYMNTS Digital 3.0 percent on July 16, up from -35.5

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IRS Wants To Make Sure You Don’t Throw Out Your Stimulus Payment Card

PYMNTS

The determination of which Americans would receive the debit cards as opposed to checks was made by the Bureau of the Fiscal Service, which works with the IRS to distribute payments. However, the press release from the IRS plainly tells everyone what to look for in terms of the cards.

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What We’ve Learned Watching Uncle Sam Disburse $2T In Stimulus Payments

PYMNTS

Some consumers and businesses have gotten funds, while others are still waiting. Edwards readily agreed, noting that for everything the government is, it is not a payments company, and was not set up at the outset of this crisis to crash-distribute $2 trillion to hundreds of millions of consumers.