First securitised ID card launched in Sierra Leone
Sierra Leone’s president unveiled the country’s inaugural securitized ID card, emphasizing its significance for development planning and policy-making. This multipurpose card, equipped with chip-based biometrics, aims to enable easy customer authentication for financial transactions at a low cost, benefiting various financial institutions.
The president of Sierra Leone launched the first securitised ID card on 31 January. The president noted that this first multipurpose securitised ID card was vital for development planning and policy-making. The chip-based biometric ID, banks, microfinance institutions, forex bureaus, financial service providers, and mobile money providers would easily authenticate their customers at very low costs for trusted financial transactions.