Tuesday, September 8, 2009

US Treasury Pushes to Deliver Social Security Benefits Through Prepaid Debit Cards

According to this post on the Chicago Tribune the US Treasury has been campaigning this year to get Social Security and Supplemental Security Income recipients to switch to a prepaid debit card. Currently, millions of Americans are getting a check from SS at the end of the month.

Every year the US Treasury receives about 1.4 million complaints from SS recipients, and so Direct Express is a safe, convenient way for recipients to get their government money without worrying about fraud. Sending prepaid cards instead of checks also saves the government a lot of money. 500,000 people so far have signed up to receive their government benefits through prepaid debit cards, but when will the rest of Americans join?

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