TAX REFUND Direct DEPOSIT TIME
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Boston, MA (PRWEB)
July 09, 2020
Mercator Advisory Groups new study be aware, Tax Refunds and Prepaid Cards: Any Room Remaining in the Industry?, examines the prospect for pay as you go card plan professionals to win significant deposits on their playing cards by supplying direct deposit to U.S. tax filers but also shows that the market is a crowded a single.
System professionals could earn substantial deposits at tax time, but they will want to give a strongly executed supplying that provides measurable benefit to tax filers, mentioned Ben Jackson, Director of Mercator Advisory Teams Prepaid Advisory Provider and 1 of the authors of the observe.
Highlights of the research be aware consist of:
Overview of the marketplace for deposit of U.S. tax refunds on pay as you go cards, like chances represented by the far more than 19 million refunds nonetheless getting disbursed via paper checks
Identification of partnerships that most main tax preparers in the U.S. have shaped with prepaid card companies
Discussion of hurdles, such as tax fraud, customer attitudes, and regulatory compliance, that system administrators will need to have to surmount in purchase to find achievement in this industry
This observe consists of 9 internet pages and one show.
Organizations described in this report include: AchieveCard, Akimbo, Amazon.com, ATX, Local community Economic Assets, efile.com, EPS Tax Solutions, EZTaxReturn, Environmentally friendly Dot Corp, H&R Block, Intuit, Jackson Hewitt Tax Solutions, Liberty Tax Service, Republic Financial institution & Have confidence in, TaxAct, TaxSlayer.com, TMobile, TPG, and U.S. Financial institution.
Associates of Mercator Advisory Group Prepaid Advisory Team have access to this report as properly as the forthcoming study for the calendar year forward, presentations, analyst entry, and other membership benefits.
Remember to check out us on the web at http://www.mercatoradvisorygroup.com.
For much more details and media inquiries, you should contact Mercator Advisory Group’s primary line: (781) 419-1700.
About Mercator Advisory Team
Mercator Advisory Team is the major impartial research and advisory providers firm solely targeted on the payments and banking industries. We deliver pragmatic and well timed study and advice made to help our clients uncover the most profitable chances to improve earnings progress and have costs. Our clients selection from the world’s largest payment issuers, acquirers, processors, merchants and associations to major engineering suppliers and buyers.
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