Guest blog by B4B Payments
Migrant Help, a non-profit organisation, has partnered with B4B Payments, a corporate member of the Charity Retail Association, to provide a cash-alternative solution to assist victims of modern slavery and human trafficking. As displaced or exploited individuals often do not have the facilities to open a typical bank account; money was one of the biggest hurdles in the process.
In the past, the charity was required to make hand-to-hand payments of cash, which was high-risk, involved a cumbersome administrative burden and was not appropriate in all circumstances.
B4B Payments offered a prepaid Mastercard as the alternative, offering all the benefits of a cash-free system without requiring the paperwork and process of an individual bank account. Using specially branded prepaid cards, Migrant Help has been able to support and protect hundreds of people looking to better their lives.
Rabiya Ravat, Deputy Director of National Operations at Migrant Help, said,
“We have found this payment solution very simple and easy to use, the system is user-friendly, and we’ve found the B4B staff to be very supportive and responsive whenever we’ve had to escalate an issue. This has made a real resource and efficiency saving for our organisation.”
Prepaid cards have reduced administrative strain and cost overall, which is a must for running a charity long-term as efficiently as possible, such as the reduction in travel time and transport costs involved in face-to-face payments.
B4B Payments’ prepaid cards are effective in replacing the burden of petty cash handling and improving expense management for charities – benefiting both recipients and staff at the same time.
Modernisation is vital for any charity to continue to succeed, and this partnership has got that box ticked by making a move from a cash-only process to one that can be done with far less face-to-face time – offering reduced risk, enhanced payment processes, and visible results.
For more information, learn more here.