Nonbank Transaction Accounts Provide Access for Unbanked [STUDY]
![Nonbank Transaction Accounts Provide Access for Unbanked [STUDY]](https://directexpress.info/wp-content/uploads/2020/11/federal-reserve.jpg)
Payment Apps and Direct Express®
FDIC Survey Finds 96 Percent of U.S. Households Were Banked in 2023
Direct Express® Cardholders Discuss their Cards
National Financial Inclusion Strategy Aims to Foster Access, Resilience and Well-Being
Understanding the Schedule for Social Security Benefit Payments
Honoring Our Veterans
The Go Direct® Program and Direct Express®
How Direct Express® Protects Cardholders from Crime
“Every store accepted it….” [VIDEO]
![“Every store accepted it….” [VIDEO]](https://directexpress.info/wp-content/uploads/2024/09/NELSON.jpg)
“No more missed checks….” [VIDEO]
![“No more missed checks….” [VIDEO]](https://directexpress.info/wp-content/uploads/2024/08/Quinn.jpg)
The Demographics of Direct Express®
“I do a lot of shopping online….” [VIDEO]
![“I do a lot of shopping online….” [VIDEO]](https://directexpress.info/wp-content/uploads/2024/07/Untitled-3.jpg)
“I depend on it….” [VIDEO]
![“I depend on it….” [VIDEO]](https://directexpress.info/wp-content/uploads/2024/06/Untitled-3.jpg)
Cardholder Satisfaction Ticks Up in 2023
“Having the card is a lifesaver….” [VIDEO]
![“Having the card is a lifesaver….” [VIDEO]](https://directexpress.info/wp-content/uploads/2024/05/Gerard.jpg)
Direct Express®: 16 Years of Innovation
Financial Education Tools for Direct Express® Cardholders in Financial Capability Month
“There are no fees!” [VIDEO]
![“There are no fees!” [VIDEO]](https://directexpress.info/wp-content/uploads/2024/04/Untitled-3b.jpg)
Nonbank Transaction Accounts Provide Access for Unbanked [STUDY]
A study carried out by the Federal Reserve Bank of Kansas City sheds some light on the degree to which nonbank transaction accounts improve access to electronic payments for unbanked households. It notes that, while [...]
Payment Apps and Direct Express®
More than three quarters of adults in the U.S. have used a nonbank payment or cash app. Commonly used nonbank payment apps include PayPal, Venmo, and Cash App. They are usually accessed on a mobile [...]
Stories
THESE STORIES FEATURE REAL DIRECT EXPRESS® CARDHOLDERS WHO HAVE GRANTED THEIR PERMISSION FOR THEIR PICTURES, QUOTES AND STORY TO APPEAR ON THIS SITE. THE DIRECT EXPRESS® TEAM NEVER SHARES PERSONAL INFORMATION WITHOUT EXPLICIT PERMISSION OF THE CARDHOLDER.
Cardholder Story #1 Rosalind, Pennsylvania [VIDEO]
“I receive social security and VA Disability. Using my Direct Express® card helps me to budget my money and keep track of it more efficiently” Greater Control & Security
Cardholder Story #2 Garry, Florida [VIDEO]
“I’m a Navy and Vietnam veteran. I’ve received the card for about six years now. The card saves time. It’s more convenient – I don’t carry cash because I’ve gotten used to carrying the Direct Express® card – so I really don’t need [cash]” A Better Budgeting Tool
Cardholder Story #3 Elizabeth, Florida [VIDEO]
“I’m retired and have a disability and a supplemental insurance payment that comes [on the Direct Express® card]. This card helps me a lot. It makes so many times in the month when I don’t have to worry about having cash, or getting cash where it needs to be on time.” Confidence, Comfort & Convenience
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Direct Express® Glossary of Terms
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| Direct Express® Fact Sheet (2022) | |
| FDIC Unbanked Survey 2017 | |
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US Financial Health Pulse 2019 Trends Report
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Rosalind, Pennsylvania
Cardholder
Garry, Florida
Cardholder
Elizabeth, Florida
Cardholder
Federal Reserve study notes that nonbank transaction accounts can help #unbanked with digital financial capability.
The latest FDIC survey showed shows an estimated 4.2% of U.S. households (approximately 5.6 million) were “unbanked” in 2023 #unbanked #financialinclusion