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BSP Holds Digital Payments Leaders Summit as the Country Moves Closer to a Cash-lite Economy
Southeast Asia internet economy hits $100 billion
The Bain & Company report shows that two Alliance members, Indonesia and Vietnam, are growing the fastest and the adoption of digital payments in the region is expected to cross $1 trillion by 2025.
Mobile money spreads in Asia
Over the past five years, mobile money has gained traction in South Asia, which is experiencing an average annual growth rate of 46 percent in mobile money accounts—the highest across all regions. For more details check out IMF’s 2019 Financial Access Survey that was released last week
“Payment and Settlement Systems in India: Vision 2019 – 2021
With an aim to create a cash-lite economy, the Reserve Bank of India has published its “Payments System Vision 2021.” The document can be a useful resource for members like Ghana who are wor…
National Payments Corporation of India and the remaking of payments in India
The paper examines the role NPCI played in transforming the way India manages financial transactions, as well as what lessons can be learned from India’s experience.
