In many places, using cash to distribute social benefits is problematic, difficult to track, and an unfortunate opportunity for crime and fraud. Providing benefits electronically enables financial inclusion and ensures that the right person receives the right amount, every time – in the safest and most secure way.
Yesterday, Ron Hynes, who leads MasterCard’s global prepaid efforts, was recognized with the Industry Achievement Award at the 2014 All Payments Expo. The award, given by leading....