Wednesday, December 14, 2011

Iraq selects Net1’s Secure Smart Card Technology

Net1, in line with its vision and mission statement of providing technological solutions for emerging economies to enhance the lifestyles of their citizens, was selected by an Iraqi consortium comprising the Government, Rafidain Bank, Rasheed Bank and International Smart Card, a local technology company in Iraq, to provide a secure biometric technological solution to assist with the challenges currently encountered with the payment and distribution of cash entitlements.
The UEPS system provides a convenient, secure and effective method for the distribution and payment of government grants to war victims, as well as the payment of pensions to beneficiaries.
The UEPS technology has provided Iraq with a transaction tool to provide solutions for various new projects in Iraq.
http://www.net1uets.co.za/Our_Technology/Success/Iraq.html

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