The unique advantage of this solution is that it provides residents with immediate access to their social benefits at any merchant that accepts Mastercard payment cards.
In cooperation with Mastercard, we invite you to implement the CityKey solution. As part of the implementation, Transact Pro issues Mastercard CityKey payment cards and secures several functions, including, but not limited to:
Mastercard's system transforms the CityKey card into a multifunctional ID, serving as a resident card or school ID. This setup enables objective monitoring and active resident participation in benefit management, with benefits transferred directly to bank accounts. For minors, spending is controlled by replacing cash with card payments limited to approved merchants.
This infrastructure ensures 100% benefit access, with identified residents receiving benefits immediately upon purchase at designated merchants. It brings social budget savings by transferring benefits individually per transaction, allowing more recipients without extra budget strain.
Direct subsidies to residents replace merchant compensation, covering the full value of goods and services. This increases the social budget while reducing the compensation budget, enabling precise benefit distribution through cashless transfers. Budget reports as bank statements simplify oversight and reduce management costs.
Using Mastercard's financial infrastructure, the system secures transactions with oversight from institutions, budget authorities, and merchants. Payments are secure, protect personal data, and ensure that merchants receive the full amount promptly.
Mastercard
ISIC
Jelgavas Pilsētas Pašvaldība
Jelgavas Rajona Pašvaldība
LBTU
