Government disburses cash benefits to the public. Challenges like last minute emergency disbursements, and cash management services are a bitter concern for these bodies. At ItzCash, we help make these last mile deliveries by providing a holistic payment infrastructure through electronic and prepaid platforms. Our fully scalable prepaid platform has been proven in the field as a low-cost alternative to cheque and voucher based disbursements.
Our customized solutions also provide technology for electronic acceptance i.e. deployment of Point of Sales devices and more.
Saral Money Card
SaralItzCash is empanelled with UIDAI (Aadhaar) as an Authentication User Agency (AUA) . We have launched the Saral Money Card in partnership with Visa and other leading banking partners to provide simple, unparalleled solutions for disbursing benefits like:
- Wage payments under Mahatma Gandhi National Rural Employment Guarantee Act
- Cash Transfer of Food Subsidy – Under Public Distribution System (PDS)
- Social Security Pension Disbursements
- Subsidies Disbursements
- Labour Welfare Board Disbursements
- Scholarships Disbursement
- Other Disbursements
In all of these cases, our payment solutions provide a cost-effective, secure, and flexible approach that responds to the administrative requirements and social mandates of government agencies, as well as to the real and often urgent needs of benefits recipients.
- Direct Cash Transfer
- Direct Benefit Transfer
Through our payment solutions we help governments issue payment cards providing a valuable ‘choice’ for the receiver. The cards are customized to open loop/semi closed loop or closed loop programs. The ability to use prepaid services through POS Machines/ATM’s, or on the internet and even over the phone, provides the cardholder with access to many other user benefits, which were unavailable to them previously.
Implementing the program with our solutions is quick and easy. Cardholders can even use their card to pay bills, withdraw cash at ATMs, and make purchases at retail locations wherever they are accepted.