Wednesday, February 16, 2011

Visa and Leading Humanitarian Aid Organizations Partner to Improve Speed and Efficiency of Relief Payments in Times of Disaster | Business Wire

Visa and Leading Humanitarian Aid Organizations Partner to Improve Speed and Efficiency of Relief Payments in Times of Disaster | Business Wire

In times of disaster, humanitarian organizations perform detailed needs assessments in order to inform disaster response and early recovery efforts. These assessments increasingly are including consideration of the capacity of local markets to meet the needs of people impacted by crisis. When local market conditions allow, more and more relief agencies are choosing to deliver money rather than physical goods to those affected, allowing people to buy what they need while at the same time supporting the local economy.

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