NEW YORK — The relatively young ATM industry in Syria will likely get a significant boost in its total number of cards when two United Nations relief agencies start using the machines to provide cash to Iraqi refugees.
The United Nations High Commissioner for Refugees and the World Food Program will start providing between $100-$200 per month to 7,000 refugee families by issuing them ATM cards.
"The families have been interviewed by community services staff and identified as being in urgent need of financial assistance," media reports have quoted UNHCR spokesperson Jennifer Pagonis from Geneva, Switzerland. "They include women at risk, families with working children and refugees with chronic illnesses."
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.