WILMINGTON, Del.--(BUSINESS WIRE)--
The Bancorp Bank Payment Solutions Group, a division of The Bancorp Bank
("Bancorp"), a wholly owned subsidiary of The Bancorp, Inc. (Nasdaq:
TBBK), today announced its partnership with EPS Financial, LLC to
provide services to Drake Software customers.
Tax preparation customers of Drake Software can now utilize flexible and
innovative systems provided by EPS Financial to enable electronic
payment of their tax refunds. Taxpayers may choose from several options
to receive their Federal and/or State refund using EPS' new program
known as e-Collect(TM). Options available to a taxpayer include receiving a
fully reloadable personal use E1 Visa(R)Prepaid Card,
receiving an ACH transfer, or returning to the tax preparer's office to
receive a check immediately after the refund has been processed. The E1
Visa Prepaid Card, issued by The Bancorp Bank, can be used anywhere that
Visa debit cards are accepted and at thousands of ATMs worldwide.
Cardholders are able to use their cards year round and reload their
cards via participating load networks and direct deposit.
"Tax professionals nationwide are looking for the tools they need to
build successful tax preparation businesses. Our e-Collect(TM) refund
processing program, which includes the E1 Prepaid Card, enhances the
user experience by offering multiple ways to receive tax refund
proceeds, which offers greater flexibility to the refund recipient and
the tax preparer. In these changing times in the tax industry it is
important to provide flexible and sensible banking solutions," says
Clark Gill, President of EPS Financial.
"We are delighted to announce this partnership with EPS Financial and
Drake Software as it is consistent with our commitment of developing
innovative products to meet changing payment needs. Our goal is to
simplify payment processes and EPS Financial has created a refund
processing infrastructure that is unique to the industry and can assist
tax preparers and taxpayers by providing solutions that will improve the
tax preparation experience," says Jeremy Kuiper, Managing Director - The
Bancorp Payment Solutions Group.
For more information regarding The Bancorp Bank's prepaid card payment
solutions, please contact Lindsey Frank at lfrank@thebancorp.com
or 952.449.6014.
The E1 Visa Prepaid Card is issued by The Bancorp Bank pursuant to a
license from Visa U.S.A. Inc.The Bancorp Bank; Member FDIC.
About EPS Financial, Inc.
EPS Financial, LLC provides refund processing solutions to the tax
industry as well as prepaid card program management services. Founded in
2009, EPS has quickly established itself as a leading-edge service
provider for the tax industry. The EPS system architecture combines a
number of services and customer options onto one platform which provides
a one stop fully integrated system to innovate and lead the industry.
For more information, please visit www.epsfinancial.net.
About Drake Software
For over 33 years, Drake Software has provided tax preparers the tools
they need to build their business and attract new clients. Today, over
30,000 customers use Drake Software. Drake delivered over 15 million
federal and state accepted returns last year. The company continues to
meet its goals of customer satisfaction and product improvement by
encouraging open customer feedback, listening closely to evaluations
from industry authorities, and backing the product with a knowledgeable
and innovative programming and support team. For more information, visit
DrakeSoftware.com, or call 800.890.9500.
About The Bancorp Bank Payment Solutions Group
The Payment Solutions Group is a division of The Bancorp Bank
("Bancorp"), a wholly owned subsidiary of The Bancorp, Inc. (Nasdaq:
TBBK), and is a leading issuer of network branded prepaid cards. It has
consistently delivered outstanding results for its program partners.
Long-standing relationships with card associations and industry leading
networks and processors are the key to the organization's success. For
more information about The Bancorp Bank Payment Solutions Group visit www.thebancorp.com
or contact Lindsey Frank at lfrank@thebancorp.com
at 952.449.6014.
Source: The Bancorp Bank
Contact: The Bancorp Bank
Andres Viroslav
215-861-7990
andres.viroslav@thebancorp.com
or
EPS Financial, LLC
Clark Gill
908-750-6001
clark.gill@epsfinancial.net
or
Drake Software
John Sapp, CPA
828-524-8020
John.Sapp@DrakeSoftware.com