Mastercard Set To Pioneer Revolutionary National ID and Cash Card For Nigerians:
In a move that is set to change the way business and payments are
made in Nigeria, MasterCard has been signed up by the Nigerian
government to launch an Identity and electronic payment system under the
recently deployed National Identity Management System (NIMS).
The dual purpose cards are designed
to create a cashless society where users will be encouraged to pay
using their identity card. The pilot scheme will target 13 million
potential users from 16 years and above in the first phase of the
Dr. Ngozi Okonjo-Iweala (Minister
of Finance) who witnessed the launch of this exciting program stressed
the importance of the national identity smart card scheme in moving
Nigeria to an electronic platform and fighting the war on corruption.
This scheme can have a major impact
on people who do not have easy access to cash and really change the
lives of everyday Nigerians