CDC a sure thing if another anti miracle happens.
May 6, 2022 11:19:31 GMT 7
JJJ88 and genx like this
Post by nomadic on May 6, 2022 11:19:31 GMT 7
Canberra has plans to open issuance of cashless welfare debit cards
The big four banks are on a technology working group, alongside Australia Post and the country's supermarket giants.
The Australian government in 2016 introduced the trial of a welfare quarantining system, via a cashless debit card (CDC), that aimed to govern how those in receipt of welfare spent the money, with the idea being to prevent the sale of alcohol, cigarettes, and some gift cards, and block the funds from being used on activities such as gambling.
80% of the recipient's funds are placed on the CDC, which is managed by Indue, with the remaining 20% to be paid into a bank account.
As of early March, there were 12,150 participants in the CDC trials across Bundaberg and Hervey Bay, the East Kimberley, Ceduna, and Goldfields regions, with the government saying it had plans to extend the trial into the Northern Territory and Cape York.
Services Australia is charged with oversight of the initiative, and as the agency was inundated with a new wave of welfare payments in the wake of the COVID-19 outbreak, the government announced it would place a temporary pause on transitioning new participants onto the CDC.
Since then, it has quietly made the decision to make the trial permanent.
Continue reading:-
www.zdnet.com/article/canberra-has-plans-to-open-issuance-of-cashless-welfare-debit-cards/?fbclid=IwAR1Ozc1yMuY17vl6caYLYZrmKCAQFwjdnft8sG5YFZ
The big four banks are on a technology working group, alongside Australia Post and the country's supermarket giants.
The Australian government in 2016 introduced the trial of a welfare quarantining system, via a cashless debit card (CDC), that aimed to govern how those in receipt of welfare spent the money, with the idea being to prevent the sale of alcohol, cigarettes, and some gift cards, and block the funds from being used on activities such as gambling.
80% of the recipient's funds are placed on the CDC, which is managed by Indue, with the remaining 20% to be paid into a bank account.
As of early March, there were 12,150 participants in the CDC trials across Bundaberg and Hervey Bay, the East Kimberley, Ceduna, and Goldfields regions, with the government saying it had plans to extend the trial into the Northern Territory and Cape York.
Services Australia is charged with oversight of the initiative, and as the agency was inundated with a new wave of welfare payments in the wake of the COVID-19 outbreak, the government announced it would place a temporary pause on transitioning new participants onto the CDC.
Since then, it has quietly made the decision to make the trial permanent.
Continue reading:-
www.zdnet.com/article/canberra-has-plans-to-open-issuance-of-cashless-welfare-debit-cards/?fbclid=IwAR1Ozc1yMuY17vl6caYLYZrmKCAQFwjdnft8sG5YFZ
