Guaranteed basic income (GBI) is a highly effective way to provide financial stability to families. More than 43% of Americans experience income volatility where annual pay fluctuates 25% or more, cash gives people the tools to solve their own problems, whether it’s paying rent, fixing the car transmitter, or enrolling a child in an after-school activity. As the lead product provider in the country's first two county and city driven guaranteed income programs, we have learned that while the idea of guaranteed income has quickly gained traction, practical tools for implementation are harder to come by. That's why we provide a product that can be used beyond the GBI initiative to ensure people have access to an on-going, safe and reliable no-fee account.
What we provide
no-fee prepaid debit card
CFR’s Visa Prepaid Debit Card that can be used as an on-going bank account.
CFR can provide the monthly ACH transaction to GBI recipients.
D-identified card transaction data
We provide the transactional data to analyze how funds are being used.