US-based fintech firm Rellevate has entered into a partnership with Mastercard to work on optimising digital payments and disbursement services in the public sector. By merging their capabilities, Rellevate and Mastercard intend to focus their efforts on collaborating with local, city, and state governments to develop additional methods for their constituents to access and manage their money more efficiently.

Rellevate and Mastercard’s plan for optimising digital payments When it comes to Rellevate, the company’s digital banking, disbursements, and wallet solutions aim to deliver access to payment technology for underserved communities. On the other hand, having a suite of public sector solutions that support communities in increasing the safety, security, and transparency of digital payments, Mastercard assists governments in leveraging technology to further scale financial inclusion. According to Rellevate’s officials, by partnering with Mastercard, the company aims to continue to deliver advanced payment solutions that support the growth and inclusion of the public sector while also delivering digital technological education for consumers across the US. Initially, the two companies offered a USD 1 billion One-Time Cash Assistance Program in Georgia and helped 3 million individuals, as well as included one of the largest deployments of virtual wallets in a government program.

In addition to this, Rellevate is set to continue to scale the capabilities of the public sector payment industry via its programs with UNICEF, Detroit Crime Stoppers, Baltimore African American Male Engagement Program, St. Lucie Public Schools, and Foster Care Agencies with a digital wallet service, among others. What do Rellevate’s payment services focus on? Providing flexible money access to consumers via optimised solutions, Rellevate is available through private and public sector collaborations, with its offerings including digital bank accounts, debit cards, earned wage access, bill pay, and fund transfers.

Also, the company’s software works towards ensuring real-time money movements and account funding to several end-user methods such as wallets, multi-wallet accounts, debit, prepaid, and incentive. Additionally, some of Rellevate’s clients include UNICEF, the State of Georgia, the City of Baltimore, SpartanNash, and the Arizona Lottery, with the diverse clientele underlining the firm’s ability to offer solutions across multiple sectors. .