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PayRange mobile wallet to reward early tax returns

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April 23, 2020

PayRange Inc., a network for everyday purchases, has partnered with Source, Inc., a digital currency provider that holds an exclusive license for loyalty applications with MetaBank, a provider of prepaid debit and gift cards, according to a press release. Through its tax division, MetaBank and Source are launching a loyalty program to reward tax filers who transfer a portion of their tax refund directly into their PayRange account for immediate use.

This loyalty program will target early tax returns from over 25,000 electronic tax filing professionals serving over 2 million consumers and $8 billion in expected tax refunds.

Through the PayRange partnership, taxpayers will be able to join the PayRange network and send a portion of their refunds directly to their PayRange mobile wallet to spend at unattended retail locations across the country. Additionally, they will receive funding bonuses, program discounts and other PayRange member benefits on the transferred funds. 

PayRange, with more than 3 million consumers, drives consumer engagement within kiosks, vending, laundry, vehicle services, entertainment and other industries.