Feed / Enforcement & compliance
IFARHU blocks scholarship card transactions at Panama casinos
By SectorWire desk ·
Summary
Panama's IFARHU identified and automatically blocked attempts to spend scholarship funds at casinos and other unauthorised businesses. Director general Carlos Godoy said the payment system rejected approximately 5% of card transactions because they breached spending conditions.
Why it matters
Casinos cannot receive scholarship-card spending through IFARHU’s payment system, which automatically blocks transactions breaching spending conditions.