ISLAMABAD: Provincial Disaster Management Authority (PDMA) in Punjab has assigned Mobicash to distribute government’s allocated funds to flood affectees in the province.
Mobicash will disburse funds to flood victims in initial phase spanning over seven days which started on September 30.
Mobicash will ensure transparency in the process through specially designed Bio-metric Verification System (BVS) while funds transfer facilities will be set up in 38 locations across Punjab.
Head of Mobile Financial Services at Mobilink, Aniqa Afzal Sandhu on Friday said fellow countrymen were going through tough times as floods have hit across the country with the most adverse effect on the province of Punjab.
As Mobilink Foundation continues to play its part in supporting flood victims in Punjab, Mobicash has been entrusted with the responsibility of ensuring transparent and swift disbursement of funds allocated by the government of Punjab to flood victims.
She said teams are working on-ground to ensure that funds are timely transferred through robust Mobile Financial Services network.
Beneficiaries can collect flood relief funds from designated camp sites located across the flood hit areas. The team deployed at the locations will cross check Computerized National Identity Card (CNIC) numbers of each beneficiary using his/her biometric print through live connectivity withNational Database and Registration Authority (NADRA) Central Database.
Mobicash will utilize its state-of-the-art BVS to verify individual credentials of each beneficiary before funds are transferred.
Transactions processing is being done through Waseela Bank and teams are working round the clock to ensure seamless disbursement of cash to beneficiaries.
According to statistics shared by NDMA over 2.5 million have been affected by the floods in Punjab.
More than 42,827 houses were damaged in the province while 2,413,797 acres of crops were damaged. In the initial stage, an amount of Rs. 25,000 each is being disbursed to the beneficiaries.