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Mint
Helps Reduce Government Benefit Disbursement costs
Mint Government Benefit cards are an innovative payment solution that
helps businesses and governments increase efficiencies, and reduce
payment disbursement costs. It's the ideal alternative to cash or
traditional government checks.
Benefit Cards
Mint's payment platform offers a simple, cost effective solution for
the administration of government disbursements to benefit recipients
that are not on a direct deposit system. Government benefit cards
provide a cost effective alternative to issuing paper checks. The
Canadian Government pays out $156 Billion in benefits annually to
Canadian recipients.
Simple for Benefit Issuers
Benefit Cards can eliminate unnecessary operational costs. Mint can
establish reloadable stored value card programs for benefits that are
paid on an on-going basis. Recipients can be use a Benefit Card at ATM
machines for cash withdrawals, at retail locations for purchases, and
anywhere MasterCard® is accepted.
Recipient Convenience
The Mint Benefit Card is a reloadable prepaid MasterCard card; it is
not a credit card. For each benefits disbursement period, recipients
automatically receive their benefits onto their card and are available
on that day, much like direct deposit. Benefit Cards can be used by
recipients anywhere in the world that MasterCard is accepted. Benefit
Cards can also withdraw cash from ATM machines worldwide where the
MasterCard and Cirrus® logos are shown.
Safe and Secure
Mint Benefit Cards are protected by MasterCard's
Zero Liability Policy. .
Benefit Card Advantages
Mint Benefit Cards offer recipients the convenience of a pre-paid
credit card (for Internet purchases, hotel rentals and travel to name a
few), and keep government processing costs down.
Here are a few of the benefits of using Mint Benefit Cards:
- Give recipients the option of carrying a
Benefit Card that allows them consumer flexibility; use the card to
travel, or purchase products on the Internet
- Eliminate administrative costs associated
with printing and mailing traditional checks
- Avoid the process of reissuing lost or
stolen checks to recipients
- Recipients can save costly check cashing
fees
- Expand government direct deposit programs
to all recipients
- Include all recipients - even those who
do not have a bank account
- Recipients disbursements are
automatically available and accessible
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Overview