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partnering with governments to transform payments For more than 25 years, Visa has been a trusted partner in helping governments around the world transition to digital currency 1 to help increase efficiency, promote financial inclusion and facilitate economic growth. For governments wanting to get more out of digital currency, Visa Government Solutions offers innovative payment solutions in three key areas: disbursing payments to citizens, making payments to businesses, and receiving payments from citizens and businesses. VISA GOVERNMENT SOLUTIONS disbursing payments government making payments government receiving payments government

partnering with governments to · 2020-01-28 · partnering with governments to transform payments For more than 25 years, Visa has been a trusted partner in helping governments around

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Page 1: partnering with governments to · 2020-01-28 · partnering with governments to transform payments For more than 25 years, Visa has been a trusted partner in helping governments around

partnering with governments to transform paymentsFor more than 25 years, Visa has been a trusted partner in helping governments around the world

transition to digital currency1 to help increase efficiency, promote financial inclusion and facilitate

economic growth. For governments wanting to get more out of digital currency, Visa Government

Solutions offers innovative payment solutions in three key areas: disbursing payments to citizens,

making payments to businesses, and receiving payments from citizens and businesses.

VISA GOVERNMENT SOLUTIONS

disbursing payments

government

making payments

government

receiving payments

government

Page 2: partnering with governments to · 2020-01-28 · partnering with governments to transform payments For more than 25 years, Visa has been a trusted partner in helping governments around

2

Over 5,000 government programmes in 47 countries enjoy the advantages of Visa Government Solutions.2

90% of governments see the need to improve the overall efficiency of their payment systems.3

Australia

JapanSouth Korea

Hong KongTaiwan

New ZealandArgentinaBrazilChilePeru

Uruguay

FinlandGermany

IrelandNetherlands

NorwayUnited Kingdom

CyprusIsrael

JordanRomania

Turkey

IndiaPakistanUnited Arab Emirates

AustriaCzech RepublicPolandSlovenia

South Africa

Tunisia

Costa RicaDominican Republic

GuatemalaPuerto Rico

Trinidad & Tobago

Canada

Russia

United States

Mexico

FranceItaly

PortugalSpain

Greece

Singapore

Thailand

Page 3: partnering with governments to · 2020-01-28 · partnering with governments to transform payments For more than 25 years, Visa has been a trusted partner in helping governments around

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Social Benefits

Subsidies/Conditional Cash Transfers

Disaster Relief

Pension/Social Security

Income Tax Refunds

Grants/Scholarships

Development Loans

Healthcare Benefits

Employee Wages/Benefits

When it comes to disbursements, electronic payments are

easier for everyone. Visa debit and prepaid cards offer an

easy-to-implement solution with valuable advantages for

governments and their citizens:

+ Increased efficiency – Provide disbursements more

cost effectively than cash and cheques and streamline

payment administration.

+ Faster access – Offer citizens a faster, safer and more

convenient way to access their funds.

+ Financial inclusion – Enable the 2.5 billion people —

or half of the world’s adult population — who do not

use formal financial services4 to become part of the

financial mainstream.

disbursing payments

A U.S. state government has saved more than

US$32 million by issuing 470,000 Visa prepaid

cards to unemployment insurance benefit

recipients since 2006.5

disbursing payments

government

Page 4: partnering with governments to · 2020-01-28 · partnering with governments to transform payments For more than 25 years, Visa has been a trusted partner in helping governments around

4

Procurement

Travel

Sales Tax/VAT Refunds

Business Loans

Grants/Subsidies

Electronic payments can help governments save time and

money when making payments to suppliers and businesses.

With flexible payment options like credit, debit or prepaid

accounts and Visa’s powerful spend and performance

management tools, you can benefit from:

+ Streamlined processes – Utilise your staff more efficiently

by reducing time-consuming paperwork associated with

purchase orders, invoices and cheques.

+ Increased accountability – Improve transparency into

who is buying what, from whom and when, to ensure

compliance with your spend policies and procedures.

+ Reduced costs – Use spend data to negotiate supplier and

volume discounts, while minimising potential fund misuse

with predefined, flexible spending parameters.

making payments

Despite a 20% increase in the number of fleet

vehicles, the Argentine Province of Buenos Aires

was able to reduce fuel expenses by 15% using

Visa cards.6

making payments

government

Page 5: partnering with governments to · 2020-01-28 · partnering with governments to transform payments For more than 25 years, Visa has been a trusted partner in helping governments around

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Tax Payments

Social Security/ Other Contributions

Transit Payments

Government Service Fees

In today’s digital world, citizens appreciate when their

government takes card payments. By accepting Visa

payments in person, over the Internet and by phone or

mail, your government can be available 24/7, making

life easier for citizens as well as businesses:

+ Simplified administration – Automate receipt

and reconciling of payments to reduce payment

processing costs.

+ Increased security – Access Visa’s industry-leading

fraud prevention and authentication measures.

+ Improved cash flow – Receive payments sooner with

faster processing and flexibility of card payments.

receiving payments

The Taiwan Ministry of Finance found

that taxes paid with cards were collected

30 days sooner than those made with

other payment methods.7

Learn more at www.visagovernmentsolutions.com.+

receiving payments

government

Page 6: partnering with governments to · 2020-01-28 · partnering with governments to transform payments For more than 25 years, Visa has been a trusted partner in helping governments around

© 2012 Visa. All Rights Reserved. V1082301-0112-EXS

a proven partner in transforming payments

+Visit www.visagovernmentsolutions.com to learn more and download the brochure with success stories, or email [email protected].

At Visa, we have seen the value digital currency has brought to governments around the globe.

With our dedicated team of experts, you have a partner with years of knowledge and experience

to help you address your government’s most pressing challenges.

1. Digital currency includes credit, debit and prepaid accounts that can be accessed through a mobile phone, a computer, or a card to facilitate electronic payments.

2. Visa Inc., October 2011; based on programme information reported by client financial institutions and available through public sources, and therefore may be subject to change. Includes countries in Visa Europe territory.

3. Payment Systems Worldwide, A Snapshot, Outcomes of the Global Payment Systems Survey 2008, The World Bank, Page 95.

4. Half the World is Unbanked, Financial Access Initiative, October 2009.

5. State Significantly Reduces Unemployment Insurance Disbursement Costs and Achieves 99.5% E-Pay, Visa Government Disbursement Card Success Story, 2010.

6. Banco de la Provincia de Buenos Aires, December 2011.

7. Taiwan Ministry of Finance, August 2003.