Western Union and Advent to offer tax refunds on prepaid cards

The Western Union Company has joined forces with Advent Financial Services to offer quick access to tax refunds on prepaid cards at more than 5,000 tax preparer locations in over 45 states.

People filing their federal and state tax returns at tax-return preparation offices offering financial products through Advent can elect to receive their refunds on the Get It Prepaid MasterCard, a general-purpose reloadable (GPR) prepaid card offered by Western Union and Advent.

Cardholders can reload their cards at one of 45,000 Western Union Agent locations in the US, by transferring money from a bank account, via direct deposit or by directing a Western Union Money Transfer transaction directly onto the card.

"According to the FDIC, nearly one-third of people in the US are underbanked," said Mike Hafer, SVP, Global Stored Value, Western Union. "This card has the power to bring many into the financial mainstream. We're proud to offer a great way for people to manage their finances and now, receive their tax refunds conveniently."

"We are pleased to team with Western Union to extend the functionality of our Get It Card at tax time and beyond," said John Thompson, President, Advent. "Together we have created access to a highly functional and convenient set of features to help improve the financial capabilities of our cardholders. We are also excited about the important client referral opportunities now available to our tax preparers through this alliance with one of the world's most recognizable brands."