Social payments
Botswana
New Channel for Social Grants Payment – POSOMONEY Option...
BotswanaPost's
mobile wallet solution – PosoMoney, has been enlisted as a payment
option for the disbursement of Social Grants following the successful
approval of the BotswanaPost Mobile Money License application under the
Electronic Payment Services Act of 2019 (EPS). The disbursement of funds
via PosoMoney will commence on 1st June 2020.
This
strategic development serves to, as well, position BotswanaPost as a
diversified service aggregator. Although precipitated by the COVID-19
pandemic response and the need to adhere to the social distancing
protocols and guidelines, this is expected to significantly reduce
queues and bring efficiencies at post offices. PosoMoney is an
interoperable solution making it an ideal mobile wallet option
accessible to beneficiaries regardless of their preferred mobile network
operator.
Carabinieri and italian post cooperate to deliver pensions to the elderly...
Poste
Italiane and the Arma dei Carabinieri have signed an agreement enabling
all citizens aged 75 and over who receive social security benefits at
post offices, and who normally collect their pensions in cash, to
request free delivery of the sums to their home, with Carabinieri
officers collecting the funds on their behalf. The service is not
available to those who have already delegated other people to collect,
who have a passbook or a postal account, or who reside with family
members or have family living nearby.
The
agreement is part of wider efforts by the two institutional partners to
counter the spread of COVID 19 and mitigate its effects, which also
include extraordinary measures aimed at minimizing movements and
gatherings, especially of those in the highest risk categories, and
ensuring that social distancing of at least one metre is observed. This
initiative will also help to protect beneficiaries from criminal
activities such as scams, muggings and bag snatches.
The
Carabinieri and Poste Italiane will continue to provide pensions in
this way to the over 75s for the duration of the COVID 19 emergency.
3,270
households will benefit from the "Tosika Fameno" programme. These
households will be able to receive allowances via Paositra Money.
South Africa Post Office Unveils Cashless ATM for Sassa Social Grants. The South African Post Office (SAPO) has commenced the process of rolling out cashless ATMs that will serve as additional payment points for the payment of the South African Social Security Agency (SASSA) grants.
Portugal
Anticipation of April pension payments. The distribution of pension payments was anticipated by 2 days to ease pensioners in cashing them in.
Portugal
Anticipation of May pension payments. The distribution of pension payments was anticipated by 3 days to ease pensioners in cashing them in. CTT is also providing home delivery of the pension payments to pensioners on demand.
Portugal
Home delivery of over 100k pension payments (out of 367K). CTT is delivering over 100 thousand pensions at the pensioners' door step.
Tunisia
Tunisian Post is limiting the collection of pensions by seniors of 75-79, and 80+ to specific dates, in order to avoid too many customers in post offices on one day. Those in retirement homes will have pension payments delivered directly to them.
Ireland
An Post will shift to providing welfare payments every 2 weeks (instead of weekly) to reduce the need for customers to leave their home.
Pakistan
Pakistan Post will deliver pensions for retirees to their doorstep. This reduces exposure, and is convenient when banks and transport may be closed.
Remittances and access to cash
PortugalExtended opening hours of post offices for collection of pensions. In parallel to the anticipation of pension payment distribution CTT also extended the post office opening hours to facilitate elder people to cash-in their money. Over three hundred thousand pensioners are directly impacted.
Egypt
Egypt Post has increased their ATM machine withdrawal limit to LE10,000 to prevent overcrowding in post offices and to encourage people to use ATMs more.
Ukraine
"UKRPOSHTA" will deliver money transfers free of charge during the quarantine. Ukrposhta waived commission for home delivery of money transfers.
United Kingdom of Great Britain and Northern Ireland
Royal Mail have extended an existing service, allowing a trusted friend or volunteer to withdraw cash at any post office (and potentially banks, building societies and credit unions) using a single-use voucher. This allows vulnerable people who are self-isolating to maintain access to cash without having to hand over a debit card and PIN to somebody else.
Banking services
India
Postal small savings services extended to rural post offices...
Postal
small savings services in India have now been extended to rural post
offices to help people avoid commuting long distance to access such
schemes.
According to a press release, the
postal savings bank offices functioned only in head post offices,
sub-offices and urban branch post offices. However, people in ruralareas
found it difficult to travel to post offices in towns and cities during
the lockdown. There are nearly three crore postal small savings
accounts. The facility would help residents in rural areas to start new
accounts.
India Post Payment Bank's network helped government transfer financial benefits of $54 million: NITI Aayog CEO...
The
vast network of India Post Payment Bank helped the government transfer
financial benefits of $54 million through 2.1 million transactions,
mostly in rural and unbanked areas in the first month of lockdown.
The
country faced multiple challenges with the imposition of nationwide
lockdown to prevent the spread of Covid-19. However, the entire
financial ecosystem of the country was efficient in ensuring swift
transfer of funds from government to the beneficiaries through the sound
banking network while following social distancing during the Covid-19
pandemic.
Pakistan Post launches Digital Franchise Post Offices...
Building
upon the decades of experience, and its nationwide infrastructure
present at the grass-root level, Pakistan Post is now adopting modern
technology to serve its customers with a host of facilities and "an All
new service experience". The Digital Franchise Post Offices (DFPOs) have
been equipped with state-of-the-art technology infrastructure and
feature a comprehensive digital platform to streamline booking, near
real-time tracking and delivery of the articles. These Digital Franchise
Post Offices provide quality of services at par with the private
courier services at extremely competitive prices.
The
DFPOs offer all Postal services; both domestic and international as
well as more than 200 Financial services such as utility bills
collection, domestic remittances, education fee collection, sales of bus
and train tickets, loan repayments and many more.
In
order to make these DFPOs more profitable for the franchisees, Pakistan
Post has granted special permission to offer a host of exciting
value-added products and services; such as Photostat, sale of items such
as stationary, confectionary, grocery, mobile accessories, stamp
vending, notarization and any other product/service not competing with
services of Pakistan Post. This will encourage more entrepreneurs to
join the program and start a profitable and respectable business with a
very small capital investment.
The DFPO program
shall be extended further to offer fulfilment, collection and delivery
services for ecommerce businesses through its nationwide network and
modern technology platform. This will open new opportunities and a much
wider access for small scale businesses, cottage industry and artisans
of Pakistan through a massive outreach, maximizing their market
potential.
The program encompasses to establish
a network of 125,000 franchise offices nationwide, comprising of
flagship DFPO stores, shop-in-shop concept in collaboration with large
public and private institutions and upgraded branch Post Offices,
carrying a potential to create hundreds of thousands of direct
employments; while promising an exponential job market through
indirectly stimulating various segments of economy.
The
DFPO program has been launched in line with the current government's
vision to reform the state institutions and transform Pakistan Post into
a profitable organization; living up to its potential and legacy of
service excellence that has kept it alive as a household name in every
corner of the country.
Poste Italiane has enabled holders of BancoPosta accounts, savings accounts or Postepay Evolution to request the pension credit for free.
India
India Post delivers Rs 412cr cash in doorstep banking revolution. Between March 24 and April 23, post offices across India delivered Rs 412 crore in over 21 lakh of transactions, mostly in rural and unbanked areas.
Source : https://www.upu.int/en/Postal-Solutions/COVID-19/Postal-social-and-financial-services-during-COVID-19/Financial-services-during-COVID-19
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