Value Payment Systems and RBS WorldPay announced that the companiesâ “payUSAtax” tax payment service will now accept MasterCard cards for U.S. IRS Federal tax payments. For the 2009 tax year, MasterCard cardholders can now experience greater speed, convenience and security when paying their federal taxes online at www.payUSAtax.com for a reduced convenience fee rate of only 1.95%. Taxpayers who use their MasterCard when filing their Federal taxes with payUSAtax can earn rewards, schedule automated payments, set future payment e-mail reminders and deduct the convenience fee on their tax return. The “payUSAtax” service, individual taxpayers can make secure tax payments for 1040; estimated taxes; installment payments; tax extension; trust fund recovery penalty; amended tax returns, and many more.
With 43% of credit cardholders and 54% of debit cardholders using/considering recurring payments, TX-based Reliant Energy electricity and energy services provider is now accepting MasterCard cards for bill payments from its small and mid-size commercial customers. With this, Reliant Energy is the latest in utility service providers to accept MasterCard card payments from its commercial customers as a means to generate greater operational efficiencies, increase revenue and improve customer satisfaction. This is in addition to electronic payment options the service provider already offers to its residential customer base, including fee-free card-based payments, and allows commercial customers to make one-time payments and recurring payments using a MasterCard. Additional Mastercard findings show 30% would switch to service providers offering recurring payments and, from 2001 to 2008, paper-based payments decreased from 78% to 38% of all bill payments while electronic payments grew from 22 % to 62%, according to Hitachi Consulting.