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Wednesday, May 22, 2013

The Cashless Society Arrives in Africa


Nigerian Government partners with MasterCard to launch “Multipurpose” National Identity Smart Card


It was recently announced at the World Economic Forum in Cape Town, South Africa that MasterCard and the Nigerian National Identity Management Commission (NIMC) under the government of Nigeria would form a partnership to distribute a new identity card to every Nigerian citizen.  The purpose of the card is to have all Nigerian citizens participate in the financial services sector under the control of MasterCard, a multinational financial services corporation headquartered in New York.  MasterCard’s press release ‘MasterCard to Power Nigerian Identity Card Program’ stated:
As part of the program, in its first phase, Nigerians 16 years and older, and all residents in the country for more than two years, will get the new multipurpose identity card which has 13 applications including MasterCard’s prepaid payment technology that will provide cardholders with the safety, convenience and reliability of electronic payments. This will have a significant and positive impact on the lives of these Nigerians who have not previously had access to financial services.

The program is also designed to move Nigeria into a cashless society, one that is dependent on financial institutions, Wall Street and the Nigerian government.  It will be managed by the financial elites of Wall Street, technocrats and of course Washington.  All forms of financial transactions would be exchanged through plastic credit and debit cards that would have implanted RFID chips.

http://www.globalresearch.ca/the-cashless-society-arrives-in-africa-the-multipurpose-biometric-national-identity-smart-card/5335292

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