PYMNTS

AUGUST 3, 2016

Insurance payments, healthcare reimbursement, merchant settlements, loan disbursements, and payments to workers participating in the shared economy represent a $9 trillion opportunity filled with friction for both the sender and the receiver, with the remaining $1 trillion represented by the more “traditional” P2P payments use cases.

P2P 50

P2P Debit Card ACH Ubiquitous 50

PYMNTS

APRIL 5, 2018

They discussed how the company’s adoption of more efficient payment technology is a competitive advantage in an age where DIY tax filing is growing in popularity, increasing competition in the tax preparation segment and giving consumers faster access to their money. Expediting the return process.

Payments Tools 40

Payments Tools Tax Refunds Direct Deposit Blocks 40

Payment Savvy

MAY 16, 2023

Some examples of direct deposits include government benefits, such as Social Security or unemployment benefits, tax refunds, and payroll payments from employers. By using direct deposits, recipients can access their funds quicker and more securely compared to traditional paper checks.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

PYMNTS

MARCH 18, 2019

Card rails are using push payments to close those gaps and support many new use cases for instant money. Both card networks are pushing money over their debit rails and instantly into the bank accounts of consumers and SMBs using their debit card aliases. See First Data and Fiserv. See Visa and Earthport.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

Fintech Finance

JANUARY 10, 2024

Payouts has many use cases such as business-to-business (B2B) account payables, gig economy wages, insurance claims, tax refunds, sales commissions, tips, contractor payouts, and more. Now, Finix Payouts enables fast and reliable money movement–to one or many recipients at once–via a single developer-friendly API.

Payment APIs and Integration 52

Payment APIs and Integration Security Tax Refunds Push-to-Card 52

PYMNTS

JANUARY 24, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. Central Banks Team On Digital Currency Standards And Use Cases.

Online and Mobile Banking 60

Online and Mobile Banking Office of the Comptroller of the Currency Central Bank OCC 60

Nanonets

JUNE 28, 2023

Eligibility for Refunds or Credits The W-2 form is essential for determining whether an employee is eligible for tax refunds or certain tax credits. It provides the necessary information to calculate the amount of tax liability or any overpayment that may result in a refund.

Automation 52

Automation IRS Social Security Returns 52

PYMNTS

JANUARY 10, 2019

After the holiday season comes tax season — everyone’s favorite time — but at least the payment of taxes, along with the tax refund process, promises to become even more digital this year. And digital payers are striving to win more business from tax filers this year. Rise of Quicker Payments. New Products.

Tax Refunds 48

Tax Refunds IRS Real Time Payments Blocks 48

PYMNTS

DECEMBER 18, 2020

There are] more than 50 million government checks still issued annually, [so] some of the biggest use cases with the largest need for modern payments would likely include IRS tax refunds, VA benefits and FEMA payments, in addition to ad-hoc stimulus relief,” Edwards said.

Instant Payments 60

Instant Payments Tax Refunds Non-Bank Governance 60

PYMNTS

DECEMBER 28, 2020

As a result, FEMA payments, VA benefits and IRS tax refunds in addition to ad-hoc stimulus relief would be among the largest use cases with the biggest need for modern payments. Edwards noted that over 50 million government checks are still issued each year.

Checks 83

Checks Tax Refunds Federal Reserve Governance 83