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Diamond Plus is Coming to Town

Diamond Plus Is Coming To Town! 4000 1234 5678 9010 4000 DEBIT Diamond Plus CARDHOLDER NAME The Unbanked An estimated 8% of U.S. households (approximately 9 million) are unbanked, and an FDIC study revealed that 41% believe opening a bank account in the future is "not likely at all" with most thinking they don't have enough money to warrant opening an account. Many unbanked consumers are turning to prepaid cards to avoid the high fees of check cashing, bill-pay and money orders. TAXPAYER CHECK CASHER MONEY ORDER BILL PAY The Rising Use Of Pre-Paid Cards Active users, in millions Prepaid cards have become extremely popular with banked and unbanked consumers with an estimated 6.1 million card users by 2013. In 2006 some $1.8 billion was loaded onto prepaid cards and in 2012 that number is projected to reach $118.5 billion as consumers turn to prepaid cards for convenience, safety and value. More and more people are using prepaid cards to pay for everything from groceries to gasoline. Year *= Estimated number due to study being done in 2009. Benefits Of Using A Pre-Paid Card Easy To Use Affordable Unbanked taxpayers can avoid expensive check cashing fees by having funds deposited directly onto the prepaid card. This gives the unbanked consumer access to conveniences including ATM withdrawals, online shopping and online bill-pay. The Diamond Plus is reloadable, so taxpayers can automatically load their paycheck onto the card allowing for quicker access to their funds. Reloadable Safer Than Cash Benefits For Tax Professionals In addition to helping unbanked taxpayers, the Diamond Plus Card can also benefit tax professionals by helping to streamline office traffic. The card is delivered directly to the taxpayer's home so there is no repeat office traffic, and an email lets them know their refund is here. The simple fee structure and professionally designed point-of-sale materials make it easy for tax preparers to offer an affordable alternative for taxpayers to receive their refund, without the hassle of a complex process or separate application fee. MAIL BILL

Diamond Plus is Coming to Town

shared by rmmojado on Jan 24
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In the spirit of Christmas and the Holiday season we created a festive infographic about the new Diamond Plus Pre-Paid Visa Card. A growing number of unbanked and banked consumers are using prepaid ca...

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