The South African government has called in MasterCard to help it distribute welfare benefits to millions of people through biometric debit cards.
A grant recipient in #SouthAfrica uses her new #SASSA #Debit #MasterCard card to buy groceries. bit.ly/MW1GDB twitter.com/MasterCardNews…- MasterCard Worldwide (@MasterCardNews) July 31, 2012
A grant recipient in #SouthAfrica uses her new #SASSA #Debit #MasterCard card to buy groceries. bit.ly/MW1GDB twitter.com/MasterCardNews…
Why am I not surprised by this bit of “news”? Way back in the mid-1990s two major South African banks individually tried to steer the new South African government in exactly this direction, with no success. The more things change, the more they stay the
Biometrics in the mid-90s? We have been seeing biometric ID projects limping along (e.g. Aadhar, India) or failing altogether (UK?) several years later. Maybe the earlier proposal in South Africa failed to take off because biometrics ID was not robust enough
at the time? (Some may say that it still is not robust enough even today, but that's another topic.)
to $120K base, double OTE, benefitsNew York City, NY or Boston, MA (USA)
© Finextra Research 2015