Ingenico Group and Paycode Enable Biometric Agricultural Subsidies in Zambia

Ingenico Group and Paycode Enable Biometric Agricultural Subsidies in Zambia

Paycode has rolled out a secure biometric solution in Zambia in partnership with Ingenico Group.

The program has enabled the distribution of $22 million in subsidies across rural Zambia within 3 months.

Since 7 November 2017, the program has allowed registered farmers to access a government-funded program, the FISP subsidy, in which farmers make a co-payment of ZMK 400 (US$40) and the Ministry of Agriculture provides an additional ZMK 1600 (US$160).

During enrolment, a program agent captures the farmers’ fingerprints and associates them with their ID for authentication. Subsequently, farmers are issued with an FISP (Farmer Input Support Program) electronic wallet to be used at participating approved agro-dealers equipped with Ingenico Group biometric smart terminals. During the transaction, they can use their fingerprint for authentication. The previously unbanked users can now access agricultural material subsidies in 30 Zambian districts.

In a pioneering move for areas that are lacking widespread financial infrastructure, the Zambian government has been able to successfully bring banking and additional funding to farmers in rural regions. Ingenico Group was chosen as a provider of biometric smart terminals because of its strong experience and expertise, the robustness of its solution as well as its world-class biometric technology.

Ingenico Group, jointly with its long-term partner Paycode, worked closely with the Ministry of Agriculture to design and launch this solution. Gabe Ruhan, Director of Paycode Zambia, commented: “We are proud to have served the Ministry of Agriculture by providing world-class technology that works in the remotest environments. We look forward to expanding our solution so every Zambian can have their money at their fingertips.”

Francois Voyron, Middle East and Africa Managing Director at Ingenico Group, commented: “This solution demonstrates our ability to support governments in deploying innovative subsidy programs rapidly, successfully and in remote regions. As a matter of fact within 3 months, 91% of eligible farmers have already purchased materials using the new solution.”

Sign-up to our weekly newsletter

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms.
Subscribe to our FREE weekly email newsletters for the latest telecom info in developing and emerging markets globally.
Sending occasional e-mail from 3rd parties about industry white papers, online and live events relevant to subscribers helps us fund this website and free weekly newsletter. We never sell your personal data. Click here to view our privacy policy.