Aid organisations can now distribute financial crisis help with Enfuce’s First Aid Card
By Joy Dumasia
Enfuce‘s First Aid Card helps NGOs and other aid organisations in their day-to-day work to support people in need of urgent financial help. It’s fast and safe and helps to maximise the impact of the aid by giving the organisation complete control of how the money can be spent and by whom. Enfuce takes care of everything else; the Enfuce First Aid Card is powered by Visa.
Often during an acute crisis, people need help urgently, and many financial organisations struggle to launch secure and easily distributed payment methods fast enough. Cash isn’t accepted everywhere; it can be expensive to handle, it can create additional paperwork, and there can be a risk of the money getting into the wrong hands.
Denise Johansson, Enfuce’s Co-CEO and Co-Founder, said: “Flexibility and speed have always been key factors when we at Enfuce launch Card as a Service for our customers. Those prove more important now than ever, and I have witnessed with pride how our experts have created a payment card from scratch in less than 8 weeks rather than months.”
The aid organisation controls the funds, and Enfuce issues a card branded by the organisation. The aid organisation decides how much money is loaded on the card and how and where this money can be used. Enfuce takes care of the technology, security, and logistics.
After the organisation has distributed the cards to those in need, Enfuce manages the card activation securely. The user can then buy the supplies they need. Enfuce Fraud department is closely monitoring the cards to prevent or stop potential misuse.
“We have the means, know-how, and technology to help. It is our duty to use them to help the ones in need directly, fast and securely,” says Denise Johansson.
Recently, IBS Intelligence reported that the Swedish expense sharing FinTech Steven had chosen Enfuce, one of Europe’s leading FinTechs, as its payment card issuing provider. The partnership aims to expand Steven’s expense sharing solution to multiple European countries in the near future, starting from Sweden.
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August 19, 2022
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