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BERKELEY, Calif., Feb. 11, 2021 /PRNewswire/
Jiko today announced that it has processed a massive $4.7 million debit card transaction as part of its newly launched Debit Cards Cashback Rewards Program. A tax payment to the IRS made with a Jiko Debit Card, this single transaction resulted in $47,000 cash back to the customer, deposited directly into the customer s account for immediate spending.
The Jiko app and debit card with cashback
Jiko replaces bank deposits with fluid government-backed Treasury Bill investments, which can be spent in real time by customers via debit transactions. Jiko s Debit Card Cashback Rewards Program passes the interchange income income usually kept by banks back to the customer in the form of 1% cash back on