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1.20.2010 PrePaid Press Reports...

http://www.prepaid-press.com/news_detail.php?t=pt&id=1777

Tri Tax Teams With TFG Card Solutions, Inc.
Tri Tax to Utilize TFG Platinum Pay Prepaid Debit Card
PORTLAND OR (January 20, 2010) Tri Tax, a Hispanic tax preparation franchise, is implementing TFG Card Solutions’ Platinum Pay, which they say will reduce the need for tax refund loans and speed refund time.

Tri Tax will offer direct deposit of tax refunds through TFG Card Solutions’ Platinum Pay prepaid debit card for tax year 2009. According to Tri Tax, in years past, tax refund loans were what customers demanded to get refund dollars quickly, however, the cost of these loans were eating up much of the refund. Last year, the IRS processed 118,479,904 individual income tax refunds. Of those, millions of refunds were unable to be delivered due to address changes. Some paper check refunds took up to three months to be received. Tri Tax says that Platinum Pay is a way to quickly get tax refunds to clients without the hefty loan fees while eliminating undeliverable paper checks and speeding up delivery time.

Carlos Marquez, Founder of Tri Tax notes, “We are helping the communities we serve by offering quicker tax refunds through direct deposit. By offering Platinum Pay to our clients, we also are minimizing the need for tax refund loans, which can be very expensive.”

“Tri Tax is a great example of how to use Platinum Pay to increase loyalty, educate consumers and remain ahead of the pack,” says Thomas Secor, President of TFG Card Solutions.

Source: Tri Tax (www.tri-tax.com); TFG Card Solutions, Inc. (www.tfgcard.com)