Visa Inc. (NYSE: V), the world's largest retail electronic payments network, announced today that it has partnered with United Bank Limited Pakistan (UBL) and local Pakistani government agencies to efficiently, securely and transparently distribute relief funds to the internally displaced persons (IDPs) of Northwest Pakistan.

The use of Visa-branded prepaid cards and the company's global electronic payment network helped to ensure that the aid was distributed quickly and accurately to the program's beneficiaries. It also reduced the cost of aid distribution for UBL and the Pakistani government.