Government Push Towards Financial Inclusion Drives Prepaid Cards
Prepaid cards are rapidly evolving as an easy and convenient way to provide financial assistance to the underserved. While on one hand, consumer to Government (C2G) payments are on rise through prepaid cards that can be swapped at PoS terminals or used for online transactions, on the other hand, numerous Government schemes have propped up to provide financial aid to the poor through better option of prepaid cards which restricts the misuse of money being transferred from the Government authorities...
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