They are referring to TurboTax, H & R Block, Jackson Hewitt etc, for taxpayers would paid their fees out of their Federal refund. The banking information the IRS has is for the banks that handle these transactions. Last I heard TurboTax is working with the IRS. If the IRS can't get your banking information, you will be issued a check.
The Treasury Department has confirmed that economic impact paper checks from the $2.2 trillion coronavirus stimulus relief package have already started going out and are in the mail.
