Disbursements

Disbursements

Taxing Problem: H&R Block Supports Consumer Need For Instant Digital Disbursements

Waiting six to eight weeks for a tax refund never cuts it — especially not this year. Kathy Pickering, chief tax officer for H&R Block, tells PYMNTS that instant, digital tax refunds are now one of disbursements’ biggest opportunities in this month’s Disbursements Tracker®.

Inside the March Tracker

  • An interview with Kathy Pickering, chief tax officer for tax preparation firm H&R Block, on how the pandemic has changed consumers’ expectations regarding filing their taxes and receiving their refunds as well as how these trends will affect future tax seasons
  • Notable headlines from the space, including a look at why the IRS is advocating for digital tax filings and refunds and why reaching instant payments ubiquity will require allowing consumers to accept funds into their preferred accounts
  • A Deep Dive examining the gap between instant payments’ popularity and their availability and how FIs, payment providers and other financial players can close it

Disbursements