YCASH Enrolls in New Partnerships with Humanitarian Agencies and Deploys Humanitarian Transfers Platform and a National Digital Wallet
Guided by its mandate and theory of business, YCASH enrolls in new partnerships with humanitarian actors in Yemen to deliver their humanitarian transfers to affected communities.
YCASH has deployed its humanitarian transfers platform, a digital system for managing humanitarian transfers services. Having a variety of outreach methods covering all communities in the country, YCASH is delivering the International Committee of Red Cross's (ICRC) cash transfers through mobile teams, fixed outlets and POSs. The humanitarian transfers platform enables humanitarian agencies to execute transfers directly to their interventions beneficiaries without a third party. The platform is connected with most financial networks of money transfers and POs at the village level.