Governments can use prepaid solutions to simplify and expedite the disbursement of social benefits, such as unemployment benefits or payments to injured or disabled workers.
Our prepaid social benefits cards reduce the expense, time, and resources expended by government agencies while giving claimants fast, flexible, reliable and secure access to the funds they need.
- Recurring benefits payments can be delivered simply and automatically in an electronic format
- The electronic format reduces overhead, facilitates reporting and minimises the risk of fraud
- Provides recipients that have no banking relationship and no access to basic payment instruments with an efficient and flexible way to access social benefits
- Reduced administrative costs compared to paper
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- Built on PrePay Solutions core application and authorisation platform
- Batch loading of value to cards
- Cards can be scheme-based (MasterCard®, Maestro, Cirrus acceptance network)
- Comprehensive reporting suite and information management tools
- Improved information management, tracking and reporting