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Competing Cards For the Poor

Tuesday, October 4, 2016

The government is considering the services of Visa and MasterCard to distribute food and other social assistance. But local banks are protesting.

. tempo : 173164439633.

A meeting took place last week at the office of the National Team for the Acceleration of Poverty Alleviation (TNP2K) in Jakarta. Officials from Visa Worldwide Indonesia and MasterCard Indonesia were there. The two international financial institutions were asked to explain the technology to distribute non-cash social assistance, known in Indonesia as bansos. "They came to explore the possibility of using their technology," said Elan Satriawan, coor

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