The U.S. Treasury Department and the IRS are planning to send out around 4 million Economic Impact Payments (EIP) via Visa prepaid debit cards rather than paper checks this week, according to a Treasury Department press release. Get the Full Story Complete the form to...
As May flowers bloom, millions of Americans are still awaiting pandemic relief monies from the government. 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...
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Consumers have turned to online gambling platforms to try their luck at games of chance since casinos remain closed. But while players at physical locations can instantly get their winnings, online gamblers must typically wait for five-day ACH settlements or even paper checks. In the...
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For many Americans, the federal government’s stimulus website has remained a source of frustration as they are unable to work due to the coronavirus pandemic and their bank accounts become depleted, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy...
Despite instructions from U.S. Treasury Secretary Steven Mnuchin to fast-track stimulus payments to Americans, several million taxpayers are still waiting, according to The Washington Post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
If you thought checks were merely being tolerated before, COVID-19 alarm has rendered all paper instruments persona non grata, including cash. Are we witnessing the death of paper payments? It clearly doesn’t look good for printing or mailing and, as a disbursements story, behavioral shifts...
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