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Treasury Launches Pilot Program of Prepaid Debit and Payroll Cards for Fast, Safe and Convenient Tax Refunds

WASHINGTON—(ENEWSPF)—January 13, 2011. Timed for tax season, the U.S. Department of the Treasury launched a pilot today to offer taxpayers a safe, convenient and low-cost financial account for the electronic delivery of their federal tax refunds.  The new account card option provides everyday money-saving conveniences and consumer protection features for Americans with limited or no access to traditional banking services.

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“This pilot program will provide low- and moderate-income Americans with a low-cost option for faster…

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