CEO says removal of MiCard will present other opportunities
An MHK has questioned whether the Isle of Man Post Office will be the ‘greatest loser’ when Treasury withdraws the MiCard from circulation.
From the end of next year people will be unable to have their benefits, or state pension, paid via the system and will instead have to have the money paid into a bank or online account.
Treasury claims this will save £500,000 a year but Arbory, Castletown and Malew MHK Jason Moorhouse told the Economic Policy Review Committee this week he thought the Post Office should have been more proactive.
However Chief Executive Simon Kneen said it is an opportunity to do things differently:
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