Oberthur Technologies (OT) has said that it will provide pre-loaded chip cards to MasterCard Aid Network to give people in need access to basic necessities such as food, medicine and shelter.
MasterCard Aid Network is a non-financial service that has been designed by MasterCard to address the challenge humanitarian organizations face providing aid in areas of political and economic unrest.
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The service streamlines aid distribution even in the absence of a telecommunications infrastructure. It enables impacted populations to secure basic needs swiftly with the simple insertion of a card.
OT claims that its chip cards, which are pre-loaded with authorization, will help modernize the aid system that has relied on a paper voucher system till now. Paper voucher system is largely crippled by slow distribution and with a high risk of fraud.
With OT’s chip cards, beneficiaries just have to insert their card into a dedicated terminal, select the groceries and produce they are entitled to by tapping the corresponding photos on a screen, and enter a PIN to securely verify their transaction.
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