First phase of long-term contract to supply pre-paid cards to City's employment and social services
TORONTO: SelectCore Ltd, a prepaid payment solutions provider, has launched the City of Toronto’s City Services Benefits Card program. SelectCore announced on July 18 it had won a long-term contract from the City of Toronto to supply prepaid card programs. The first phase of the contract has been launched with Toronto Employment and Social Services (TESS) for the delivery of social assistance financial benefits to Ontario Works clients.
Both Toronto clients and staff are transitioning to the new payment method. The City is expediting the rollout of the card to include its 15 Toronto Employment and Social Services locations by mid-August.
The card is the first prepaid card program of its kind launched in North America. SelectCore’s payment solution enables Toronto residents to instantly receive their Ontario Works benefits through an EMV chip and PIN prepaid MasterCard card that offers ATM access.
“We are very pleased with the successful launch of the City Services Benefit Card,” said Keith McKenzie, CEO of SelectCore. “The roll-out to a full implementation across all of the TESS offices will prove the validity of the program for other government agencies looking to replace cheques with prepaid cards.”