August 31, 2016 6:24 pm | Updated 2 years ago.
The State of Tennessee in order to provide benefits cards to almost 120,000 citizens receiving state pension payments, child support and unemployment compensation has given the contract to Xerox Corporation recently. A total of $5.5 million and a five-year contract with the Tennessee Department of Finance and Administration will now benefit the citizens with quicker payment distribution with a better security of funds.
Xerox will now deliver the benefits card through their Go Program, which is an electronic payment card solution that helps to accelerate payments to the beneficiary by simply using a reloadable MasterCard debit card, granting them to access funds and account information conveniently.
Mike Cerone, Senior VP and Managing Director, Card Services group, Xerox has said, “Receiving these payments in a timely fashion is crucial to recipients’ livelihoods from buying necessities to ensuring an electric bill is paid. Our Go Program is not only built with technology that effectively reduces risk but also ensures funds are distributed quickly and through a tested, reliable network.”
The State of Tennessee is the first state governments in the USA to provide its citizens with the EMV-enhanced benefits cards.
Date of Publication: August 24, 2016