mSTAR introduces mobile money payment system
Tuesday, 15 April 2014
The United States Agency for International Development (USAID) and the FHI360Mobile Solutions Technical Assistance and Research (mSTAR) project on Tuesday signed an agreement with the WorldFish Centre and Dnet to utilise mobile money payments within their agriculture and health programmes in Bangladesh. These one-year grants will enable NGO development partners currently implementing USAID programmes to move away from cash payments and use mobile technology to exchange money, said a media note. As a result, project staff, vendors, and other individuals such as community health workers and fish farmers can deliver and receive aid funds through electronic transactions to increase efficiency within their programmes, according to a news agency.