Yoursafe and Visa Launch Secure and Convenient Payment Solution for Asylum Seekers

Amsterdam-based electronic money institution, Yoursafe, and Visa, a global payments leader, are proud to announce a pioneering partnership that will reshape the landscape of government payments to asylum seekers in the Netherlands. This milestone marks the beginning of a more efficient and secure system for asylum seeker card payments in the Netherlands.

The journey toward this transformative partnership started yesterday night with Yoursafe's account opening event at COA (Dutch government Centraal Orgaan opvang asielzoekers) in Grave, one of the 292 asylum seeker centers in the Netherlands. This event is setting the stage for a brighter future for those seeking refuge in the Netherlands.

Yoursafe, a trusted and licensed entity under the oversight of the Dutch Central Bank, has a long-standing commitment to providing secure and accessible financial services. Through a tender process Yoursafe has been selected as government supplier for a COA payment solution. In a concerted effort to enhance the financial well-being of asylum seekers, Yoursafe has chosen to collaborate with Visa, a globally recognized leader in payments technology, to elevate the payment experience for this vulnerable community.

The Yoursafe and Visa partnership is poised to bring a multitude of benefits to asylum seekers in the Netherlands:

Enhanced Financial Inclusion: By harnessing Yoursafe's state-of-the-art electronic money platform in partnership with Visa's global payment network, asylum seekers will gain access to a secure and convenient method for receiving and managing their government support payments.

Reliable Payment Solutions: Visa's extensive payment infrastructure ensures that asylum seekers can use their Yoursafe Visa debit cards for everyday transactions, including online and in-person purchases and ATM withdrawals.

Streamlined Processes: This collaboration between Yoursafe and Visa will simplify the payment distribution process for the Dutch government, reducing administrative complexities and contributing that asylum seekers receive their support payments promptly and efficiently.

Security and Control: Visa's robust security measures are seamlessly integrated with Yoursafe's platform, providing asylum seekers with security in an increasingly digital world.

Yoursafe's dedication to financial inclusion aligns seamlessly with its mission to provide reliable and accessible financial services for all. This partnership with Visa underscores its commitment to making this goal a reality.

In a joint statement, Yoursafe and Visa expressed their enthusiasm for this partnership. "We are thrilled to be working with Visa in our mission to enhance the financial well-being of asylum seekers," said Joost Zuurbier, CEO of Yoursafe. "This partnership marks a significant leap forward in our commitment to providing secure, efficient, and inclusive financial solutions."

Jos van de Kerkhof, Country Manager Visa Netherlands: “Visa is honored to partner with Yoursafe to make the lives of asylum seekers in the Netherlands easier. This toolbox allows COA to prepare its refugee population for a society where electronic payments are the safe and secure alternative for cash payments. We firmly believe that financial inclusion is a fundamental right, and this partnership underscores our unwavering commitment to making it a reality for everyone.”

Yesterday the Yoursafe Account with Visa card for Dutch government asylum seeker payments has officially launched. There are ambitious plans to expand this service to other European countries in the near future. Committed to the cause of financial inclusion, Yoursafe and Visa are ensuring asylum seekers have the financial tools they need to thrive.

For more information about Yoursafe and Visa's collaboration, please contact one of the media contacts below.

 About Yoursafe:

Yoursafe is a licensed electronic money institution based in Amsterdam, the Netherlands, authorized and regulated by the Dutch Central Bank. It is dedicated to providing secure and efficient financial services, including payment solutions, for individuals and businesses. Yoursafe’s mission is to secure payments, money and identities of businesses and individuals worldwide independent of their trade, profession, race, ethnic or social origin, gender, religion or sexual orientation.

About Visa:

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at visa.nl.