Bulk Humanitarian Aid Disbursements

• No bank account or prepaid card required
• No transaction or account minimums
• Funds can be held in the recipient’s digital wallet for as long as needed
• Funds can be transported wherever the recipient goes - they do not lose access to their funds by crossing borders
• Removes reliance on physical cash or vouchers- keeping value safer from theft, loss, etc.
• Holding funds in hard currency stablecoins (like digital dollars) protects from local currency devaluation
• Instant bulk disbursement
• End-to-end traceability
• Processing fees around 1 US cent per 10,000 transactions

Blockchain cash disbursements enable organizations to distribute cash assistance directly to individual recipients within minutes at a low-cost. Aid Assist offers real-time bulk disbursements from the Stellar Development Platform (SDP) that can be easily monitored, reducing processing costs and improving operational efficiencies.

Blockchain aid disbursements place cash assistance directly in the hands of individual recipients without requiring a bank account or card solution. Aid Assist enables funds to be disbursed to a digital wallet in a hard currency stablecoin that protects the cash value of funds until a recipient chooses to access cash in local currency either in partial increments or full cash out. Whenever cash is needed, recipients can cash out at access points across the globe, including MoneyGram’s global network of retail locations.

No. Recipients currently do not pay any fees to use the system, access funds, or receive physical cash at MoneyGram. Globally, most aid models are structured in a way that recipients do not incur fees to receive aid. SAA was designed to support this principle. However, the Stellar Development Foundation, which developed SAA, does not have any control over the fees charged by independent organizations participating in SAA flows. In the event an organization wanted to charge fees for facilitating a service like physical cash withdrawals, the organization should work directly with the aid agency to ensure fees are covered by the aid agency.

Organizations can verify eligibility, initiate individual and bulk payments, and disburse funds directly to individual recipients. Finance and program managers can set instructions and review details such as asset type, geography and payment status directly from a user-friendly interface. All transactions are tracked in real-time on the Platform dashboard.

Organizations can choose to host the platform or work with a third-party provider to offer the solution to their treasury and program offices. Learn more about integration in our Developer Docs.