KEARNY POINT, NJ – (BUSINESS WIRE) – Refundo, a leading provider of tax financial products and services, is once again making federal and state tax refunds available in cryptocurrency. Last year, Refundo launched CoinRT, a service that allowed taxpayers to get their federal and state tax refunds in Bitcoin (BTC). Starting today, Refundo will offer support for Bitcoin Cash (BCH), Ethereum (ETC) and Ripple (XRP) as additional cryptocurrency options for receiving tax refunds.
“We love new technology and are always looking for ways to help our customers access their tax refunds seamlessly and at their own discretion.” said Roger Chinchilla, CEO at Refundo. “When we launched support for Bitcoin last year, we knew we were just getting started. Crypto currencies are getting faster, cheaper and meet the requirements of sub-banks. We are excited to support BCH, ETC and XRP and look forward to adding more cryptocurrencies in the near future. ”
Refundo has prided itself on being a champion for the low income taxpayer since its inception. Many low-income taxpayers face high fees and misleading terms and conditions when purchasing financial services. For a flat fee of $ 34.95, taxpayers, whether filing their own tax return online or using a tax advisor, can have their refund issued in cryptocurrency. That way, they avoid waiting weeks for a tax refund check in the mail, paying check cashing fees, or going to a traditional bank.
Taxpayers who create a Refundo CoinRT account will each receive a unique routing and account number that they can enter in their tax return. You must also provide all the necessary background information for Know-Your-Customer’s regulations as well as their BTC, BCH, ETH or XRP wallet address. Once the IRS or state has deposited the tax refund directly into this unique account, Refundo processes the refund and the cryptocurrency is deposited into the wallet specified by the taxpayer.
Refundo is a leading provider of tax financial products and services. Founded in 2011, Refundo provides taxpayers and tax professionals with products such as refund advances, refund transfers, payment processing, audit support, and a white label mobile app that enables tax companies to connect with their customers. Please visit https://refundo.com for more information