PYMNTS

MARCH 26, 2020

As reported, those Americans with direct deposit account information stored with the Internal Revenue Service (IRS) — the conduit through which they get refunds — will get those payments within a few weeks after legislation is finalized and signed. There also is Mastercard Send for push payments as an alternative to ACH.

Checks 100

Checks Push-to-Card Direct Deposit IRS 100

PYMNTS

APRIL 27, 2020

But it will take weeks for all monies to get to everyone, a timeframe that will likely be pushed as paper checks get sent through the mail to the millions of recipients who don’t have direct deposit set up with the IRS. Very slowly. Tax refunds? It’s a heavy lift, but one that must be addressed sooner rather than later.

Blockchain 108

Blockchain Tax Refunds IRS Fed 108

PYMNTS

DECEMBER 16, 2020

The IRS is ready to deal with direct deposit if you have a regular bank account, and they are ready to deal with paper checks, [but] they are not used to dealing with [more] payment methods on a widespread scale,” Jun said in a PYMNTS interview. “I The Digital And Paper-Based Balance.

Government 93

Government Governance IRS Push-to-Card 93

PYMNTS

JANUARY 1, 2021

Many consumers were still facing pandemic-related financial strains going in to the holidays, making flexible payment options all the more important as they began buying gifts. I think, when you’re spending close to $200, BNPL can make it more palatable and make the items more accessible,” Demsky said. “We Digital-First Banking. Disbursements.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

PYMNTS

MAY 11, 2020

Some got it via direct deposit. Others believe there’s a paper check coming but find no details on the IRS “Get My Payment” web portal set up to track the progress of funds. Online betting services in the region are now even exploring depositing such sums directly into digital wallet applications on users’ mobile devices.”.

Online and Mobile Banking 52

Online and Mobile Banking Multi-Currency Digital Currency Federal Reserve 52

PYMNTS

MARCH 31, 2020

The attempt to head off those ugly things is what has caused something truly rare in the federal government — bi-partisan, concerted efforts to push disaster relief at a national scale. economy into a recession. There is a bright side to this situation, he said, and one that is important to keep in mind. Probably not. Probably not.

Economy 56

Economy Push-to-Card IRS ACH 56