You will get a paper notice in the mail which will contain payment information, including the way your payment will be issued (i.e. direct deposit or paper check). If you need help locating your payment, please visit the IRS website's payment portal at www.irs.gov/coronavirus/get-my-payment.
While we do not have the exact date when you will receive your payment from the IRS, Varo will release payments the same day we receive notice from the Federal Reserve Bank. So there is no need to reach out to us if your payment has not posted to your Varo Bank Account yet. Instead, check the status of your payment at www.irs.gov/coronavirus/get-my-payment.
Meanwhile, we can tell you the second it hits your account with push notifications. Turn them on in your Varo app: tap Settings, tap Manage Notifications, then set the slider to on.
For more information about the Economic Impact Payments and the impact they may have on you, visit https://www.irs.gov/coronavirus/economic-impact-payments. If you do not file taxes or did not have to file taxes in 2018 or 2019, you can enter your payment info on the IRS website at www.irs.gov/coronavirus/non-filers-enter-payment-info-here. If you have not filed your taxes or would like to receive your Economic Impact Payment into your Varo Bank Account, go to www.irs.gov/coronavirus/get-my-payment to provide your direct deposit information to the IRS. You can find your account and routing number in your app by tapping on your checking or savings account, then Details.