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NYC To Give Migrants PrePaid Cards To Buy Food
New York City is rolling out a pilot program to give migrants pre-paid debit cards to be used exclusively at bodegas‚ supermarkets‚ grocery stores‚ and convenience stores. As CBS News reports‚ the program is estimated to save the city $7.2 million annually through a partnership with Mobility Capital Finance. Wole Coaxum‚ the CEO of Mobility Capital Finance‚ released a statement detailing the program’s aims. “MoCaFi’s goal is to expand access to financial resources for individuals excluded from...