Featured article in this morning’s USA Today talks about the exciting new Social Security debit card program. All contact automation for this program is handled by Contact Solutions.
A new debit card being offered by the Treasury Department gives nearly 4 million recipients who have no bank accounts an alternative to paper checks that they must cash, usually at a price. The new debit card, issued by Comerica Bank, was quietly marketed to nearly 3.5 million recipients of Social Security and Supplemental Security Income this spring. It’s now available to any benefit recipient via usdirectexpress.com.
More importantly: The new debit card will eliminate the need for consumers without bank accounts to use costly check-cashing services, the Treasury Department says. It will also save the government money. The Treasury estimates that if all 4 million recipients without bank accounts signed up for the card, it would save $42 million a year.
Filed under: Contact Automation, Social Security
