Saturday 29 April 2017 | RSS


    News in brief

    Mastercard distributes digital humanitarian funds

    News in brief

    Mastercard has launched a pilot program with the American Red Cross to use Mastercard Send to distribute funds to families in Indonesia via their mobile phones to buy water and other items during the drought season. A mobile wallet provided by mobile network operator Indosat Ooredoo allows people to receive funds. “Our goal is to provide an innovative service that enables humanitarian and development organisations to distribute funds efficiently and digitally,” says Mastercard’s Shari Krikorian.

    Filed by Email Christopher Brown Published • Last updated 2 November 2016, 12:11

    More headlines...