28 May 2017
register for the webinar

MasterCard readies smart cards for Iraqi welfare reforms

12 June 2013  |  4631 views  |  0 card chip

MasterCard is partnering with the UN World Food Programme (WPF) to promote the use of smart cards for the distribution of welfare benefits such as healthcare and education credits and food vouchers in Iraq.

Details of an initial pilot for the potential introduction of electronic food vouchers in the Iraqi Public Distribution System (PDS) are being hammered out in a two-day technical workshop comprising representatives from the Iraqi government, the WPF and MasterCard.

"We expect that this workshop and the subsequent national consultative seminar will pave the way to implement a pilot project in specific areas in Iraq to examine the feasibility and benefits of adopting electronic cards to provide Iraqi citizens with an improved service and a food basket that will help improve food security in Iraq and contribute to the growth of our national economy," says Deputy Minister of Planning Mahdi M. Al-Alak. "The evaluation of the results of the pilot project will inform our decision on the possibility of adopting electronic cards within the PDS on a national scale."

Electronic vouchers are more financially secure than traditional cash transfers, and they act as a flexible tool that can help harmonise the distribution of many types of social welfare, argues WPF: "They could also be considered as a means to transfer not only credits for food, but for health care, education and other items."

The two-day workshop will be followed by a consultative meeting on 12 June to discuss a timetable for welfare reform.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Bangladesh micro-banking project signs for Gemalto biometric tech

Bangladesh micro-banking project signs for Gemalto biometric tech

03 June 2013  |  7224 views  |  0 comments | 7 tweets | 2 linkedin
Nigeria to roll out multi-purpose national ID and payment cards

Nigeria to roll out multi-purpose national ID and payment cards

09 May 2013  |  8521 views  |  1 comments | 5 tweets | 3 linkedin
'Better Than Cash Alliance' to push e-payments in fight against poverty

'Better Than Cash Alliance' to push e-payments in fight against poverty

20 September 2012  |  6829 views  |  0 comments
MasterCard and World Food Programme team on 'digital food'

MasterCard and World Food Programme team on 'digital food'

13 September 2012  |  7375 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit dh.comvisit www.events.sap.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
BBVA launches Open API marketplaceBBVA launches Open API marketplace
13595 views comments | 53 tweets | 81 linkedin
Bank/fintech collaboration can take transaction banking to new heightsBank/fintech collaboration can take transa...
7907 views comments | 12 tweets | 24 linkedin
R3 raises $107mR3 raises $107m
7217 views comments | 16 tweets | 16 linkedin
TransferWise launches multi-currency business bank accountsTransferWise launches multi-currency busin...
7049 views comments | 12 tweets | 20 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job