Red Dot introduces payment system for secure flood drive

Local payment services firm Red Dot has introduced a new way to donate money for victims of this year’s flooding, which has so far affected up to 1 million people in 12 of the country’s 14 states and regions.

One hundred percent of donated funds will go to two local NGOs: Ayeyarwady Foundation and Hero Foundation, according to the company.

People can visit any Red Dot location to give money, in denominations from K500 to K10,000.

So far, the initiative has brought in more than K2.6 million. The firm has also been offering free mobile phone top-up in the wake of the devastating flooding.

Red Dot Network COO Wout de Jong said in a statement the company’s technology would provide a secure, coordinated cash collection process.

“Anyone can donate using our Red Dot technology and be confident all funds donated will go directly to areas worst hit by the floods via our valued charity partners,” said Red Dot Network Myanmar CEO John Nagle in a statement.

In the future, Red Dot plans to team up with more charitable organisations.

The firm, founded a little more than a year ago, has a reach of over 7000 points of sale nationwide.

Source: Myanmar Times

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