MetaBank, Fiserv To Issue Preloaded Visa Cards For Stimulus Payments
PYMNTS
APRIL 30, 2020
Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. Reuters reported its sources confirmed MetaBank of South Dakota and Wisconsin-based Fiserv got the go-ahead following lobbying of the Internal Revenue Service (IRS) by payment industry groups.
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