Social Safety Net (SSN) finds a new highway to reach beneficiaries in Bangladesh

• by MSC
• Feb 10, 2020
• 1 min

Digitization of the Social Safety Net program has helped resolve the woes of millions of economically vulnerable and socially and physically disadvantaged people in Bangladesh. It ensured that they receive payments in full and on time along with the option to access other financial services through agent banking.

The Social Safety Net (SSN) program is an initiative of the Government of Bangladesh that caters to the economically vulnerable and socially or physically disadvantaged people. However, the traditional method of stipend disbursement poses some challenges of its own, especially for people who are already in need of assistance. The digitization of this process has ensured the funds are paid in full, to the right person, and at the right time. Currently, 10.2 million people receive their SSN stipend digitally through biometric authentication at Union Digital Centers (UDC). On top of the added convenience in receiving payments, beneficiaries now also have the option to access other financial services through agent banking.