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4 million stimulus payments to be delivered via debit card

Posted at 9:34 PM, May 18, 2020
and last updated 2020-05-18 22:34:57-04

Nearly 4 million economic impact payments will be sent by prepaid debit card, the Treasury Department announced.

Starting this week the cards will be mailed in place of paper checks to people whose most recent tax return was processed by either the Andover or Austin IRS Service Center, but who don't have bank information on file with the IRS. The cards can be used to make purchases, withdraw cash or transfer funds.

Since mid-April, the Treasury Department has so far delivered stimulus payments totaling $239 billion to Americans via direct deposit, Direct Express card accounts, or check.

The funds are part of a $2.2 trillion coronavirus stimulus relief package.

Story courtesy of ABC News.