The U.S. Treasurye Department has launched a novel and unique smartphone app that is designed to make it easier than ever for people who receive federal benefits but don't count on a conventional bank account to stay on top of their balances and transactions.
There are around 5.5 million social security and federal benefit recipients who use a Direct Express Debit MasterCard wherein funds are deposited into their card even though many of them don't have bank accounts. However it turns out that over half of them do have smartphones, which is why it makes good sense for the U.S. Treasury Department to launch a mobile app that they can use to get information about their benefits and transactions.
Ultimately, the app makes it easier than ever for people to stay on top of their finances and also helps the Treasury Department cut down on the load of customer service work that it has to carry out with ill-informed users.
Federal Benefit-Tracking Apps
More Stats +/-
iPhone Money Apps
Spending-Controlling Finance Apps
Female-Focused Finance Apps
Bee Farming Finance Apps
Family-Friendly Money Apps
Free 2019 Report & eBook
Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book.
Our Research Methodology
This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.