Rellevate Announces Partnership with Mastercard to Advance Digital Payments Capabilities in the U.S. Public Sector
Rellevate, a fintech company, has partnered with Mastercard to expand digital payments capabilities in the U.S. public sector. This collaboration aims to enhance financial inclusion and provide innovative services for flexible money access, particularly for underserved communities. The partnership builds on Rellevate's success with the $1 billion One-Time Cash Assistance Program in Georgia, which supported 3 million Georgians and featured one of the largest deployments of virtual wallets in a government program.
Rellevate and Mastercard will work with local, city, and state governments to create faster and more efficient ways for constituents to access and manage their money. The partnership also extends to specialty programs with organizations like UNICEF, Detroit Crime Stoppers, and Foster Care Agencies, implementing digital wallet solutions and other innovative payment technologies.
Rellevate, una società fintech, ha stipulato un accordo con Mastercard per espandere le capacità di pagamento digitale nel settore pubblico degli Stati Uniti. Questa collaborazione mira a promuovere l'inclusione finanziaria e offrire servizi innovativi per un accesso flessibile al denaro, in particolare per le comunità svantaggiate. Il partenariato si basa sul successo di Rellevate con il programma di assistenza finanziaria una tantum da 1 miliardo di dollari in Georgia, che ha supportato 3 milioni di georgiani e ha presentato una delle più grandi implementazioni di portafogli virtuali in un programma governativo.
Rellevate e Mastercard lavoreranno con i governi locali, cittadini e statali per creare modi più rapidi ed efficienti per i cittadini di accedere e gestire il proprio denaro. Il partenariato si estende anche a programmi speciali con organizzazioni come UNICEF, Detroit Crime Stoppers e Agenzie di Foster Care, implementando soluzioni di portafoglio digitale e altre tecnologie di pagamento innovative.
Rellevate, una empresa fintech, ha establecido una colaboración con Mastercard para expandir las capacidades de pagos digitales en el sector público de EE. UU. Esta colaboración tiene como objetivo mejorar la inclusión financiera y proporcionar servicios innovadores para el acceso flexible al dinero, especialmente para comunidades desatendidas. La alianza se basa en el éxito de Rellevate con el programa de asistencia en efectivo único de 1 mil millones de dólares en Georgia, que apoyó a 3 millones de georgianos y contó con uno de los mayores despliegues de billeteras virtuales en un programa gubernamental.
Rellevate y Mastercard trabajarán con los gobiernos locales, municipales y estatales para crear formas más rápidas y eficientes para que los ciudadanos accedan y gestionen su dinero. La colaboración también se extiende a programas especializados con organizaciones como UNICEF, Detroit Crime Stoppers y agencias de cuidado temporal, implementando soluciones de billetera digital y otras tecnologías de pago innovadoras.
릴레베이트는 핀테크 기업으로서 마스터카드와 파트너십을 맺었습니다 미국 공공 부문의 디지털 결제 기능을 확장하기 위해. 이 협업의 목표는 재정적 포용성을 증진하고 특히 소외된 커뮤니티를 위한 유연한 자금 접근을 위한 혁신적인 서비스를 제공하는 것입니다. 이 파트너십은 조지아의 10억 달러 일회성 현금 지원 프로그램으로 릴레베이트의 성공에 기초하며, 300만 명의 조지아 주민을 지원하고 정부 프로그램에서 가장 큰 가상 지갑 배포 중 하나를 특징으로 합니다.
릴레베이트와 마스터카드는 지역, 도시 및 주 정부와 협력하여 시민들이 더 빠르고 효율적으로 돈에 접근하고 관리할 수 있는 방법을 창출할 것입니다. 이 파트너십은 또한 UNICEF, 디트로이트 범죄 방지기구, 아동 보호 기관과 같은 조직과의 전문 프로그램으로 확대되어 디지털 지갑 솔루션 및 기타 혁신적인 결제 기술을 구현할 것입니다.
Rellevate, une entreprise fintech, a établi un partenariat avec Mastercard pour élargir les capacités de paiements numériques dans le secteur public des États-Unis. Cette collaboration vise à améliorer l'inclusion financière et à fournir des services innovants pour un accès flexible aux fonds, en particulier pour les communautés mal desservies. Le partenariat s'appuie sur le succès de Rellevate avec le programme d'assistance financière unique d'un milliard de dollars en Géorgie, qui a soutenu 3 millions de Géorgiens et a présenté l'un des plus grands déploiements de portefeuilles virtuels dans un programme gouvernemental.
Rellevate et Mastercard travailleront avec les gouvernements locaux, municipaux et étatiques pour créer des moyens plus rapides et plus efficaces pour les citoyens d'accéder à leur argent et de le gérer. Le partenariat s'étend également à des programmes spécialisés avec des organisations telles que l'UNICEF, Detroit Crime Stoppers et des agences de protection de l'enfance, en mettant en œuvre des solutions de portefeuille numérique et d'autres technologies de paiement innovantes.
Rellevate, ein Fintech-Unternehmen, hat eine Partnerschaft mit Mastercard geschlossen, um die digitalen Zahlungsfähigkeiten im öffentlichen Sektor der USA auszubauen. Diese Zusammenarbeit zielt darauf ab, die finanzielle Inklusion zu fördern und innovative Dienstleistungen für einen flexiblen Zugang zu Geld zu bieten, insbesondere für unterversorgte Gemeinschaften. Die Partnerschaft baut auf dem Erfolg von Rellevate mit dem 1-Milliarde-Dollar-Einmalhilfeprogramm in Georgia auf, das 3 Millionen Georgier unterstützte und eine der größten Implementierungen von virtuellen Geldbörsen in einem Regierungsprogramm umfasste.
Rellevate und Mastercard werden mit lokalen, städtischen und staatlichen Regierungen zusammenarbeiten, um schnellere und effizientere Wege zu schaffen, wie Bürger auf ihr Geld zugreifen und es verwalten können. Die Partnerschaft erstreckt sich auch auf spezielle Programme mit Organisationen wie UNICEF, Detroit Crime Stoppers und Pflegeheimagenturen, die digitale Geldbörbellösungen und andere innovative Zahlungstechnologien implementieren.
- Partnership with Mastercard to expand digital payments in the U.S. public sector
- Successful implementation of $1 billion One-Time Cash Assistance Program in Georgia
- Expansion of services to various government levels and specialty programs
- Focus on financial inclusion and innovative payment solutions for underserved communities
- None.
Insights
This partnership between Rellevate and Mastercard marks a significant step towards digital financial inclusion in the U.S. public sector. The collaboration leverages Rellevate's innovative digital banking solutions and Mastercard's extensive payment infrastructure to streamline government disbursements. This could potentially reduce costs and increase efficiency for public agencies while providing faster, more secure access to funds for citizens.
The success of the
The Rellevate-Mastercard partnership addresses a critical need in public sector finance: modernizing payment systems for greater inclusivity and efficiency. By focusing on underserved communities, this initiative aligns with broader policy goals of reducing financial inequality and promoting digital literacy. The diverse range of programs already implemented, from crime prevention to foster care, showcases the versatility and potential impact of this technology across various public services.
However, the transition to digital payments in the public sector may face challenges such as digital divide issues and privacy concerns. Policymakers and program implementers will need to ensure robust cybersecurity measures and provide adequate support for less tech-savvy users. If successful, this initiative could serve as a model for modernizing government services and improving financial inclusion on a national scale.
Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. With a suite of public sector solutions that help communities shift to the safety, security, transparency and speed of digital payments, Mastercard helps governments use technology to further drive financial inclusion. Together, Rellevate and Mastercard will work with local, city and state governments to create ways for their constituents to access and manage their money faster and more efficiently.
“It is an honor to partner with Mastercard, and continue driving innovation throughout the public sector,” said Stewart A. Stockdale, Co-Founder, Chairman, and CEO. “Beginning with the
In addition to the One-Time Cash Assistance Program in
About Rellevate, Inc., (www.rellevate.com)
Rellevate is a fintech empowering consumers with innovative services for flexible money access. Available through private and public sector partnerships, our offerings include Digital Bank Accounts, Debit Cards, Earned Wage Access, Bill Pay, and Money Transfer. Our proprietary software ensures real-time money movement and account funding to various end-user methods such as wallets, multi-wallet accounts, debit, prepaid and incentive.
With over 3 million account holders, Rellevate is a digital banking and payment services leader. Our clients include UNICEF, the
About Mastercard Incorporated (NYSE: MA), www.mastercard.com
Mastercard is a global technology company in the payments industry. As part of its mission, Mastercard seeks to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, Mastercard’s innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, Mastercard is building a sustainable world that unlocks priceless possibilities for all.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240827897424/en/
For Media Inquiries:
Michele Sullender
Rellevate, Inc
Chief Marketing & Product Officer
msullender@rellevate.com
Source: Rellevate, Inc.
FAQ
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