The Better Than Cash Alliance is a partnership of governments, companies, and international organizations that accelerates the transition from cash to digital payments in order to help achieve the Sustainable Development Goals.
Filtered
This report from IFC, the 1st large-scale use of platform data in the region, shows that growth could be higher with greater investment in women entrepreneurs.
This inaugural study from the Tech for Good Institute presents data-based insights and public-private perspectives on how to support the platform economy’s growth in Southeast Asia while mitigating its risks.
Why should retailers shift to digital payments? An average digital payments user of Grab, a ride-hailing service, makes twice as many transactions than those who use cash and is 30% more lik…
Finance Ministers of the economies of Asia-Pacific Economic Cooperation (APEC) endorsed the new Better Than Cash Alliance report on the role of digital payments in sustainable agriculture on 21st October, in Viet Nam.
Transportation Series: Blog 4…
New IMF paper outlines policy strategies to help promote financial inclusion through fintechs in the Pacific Island countries. It calls on governments to close regulatory gaps and enhance digital and financial literacy while urging fintechs to take a regional approach to overcome scalability constraints.
Despite the near-term disruption to revenue growth related to the COVID-19 pandemic, Asia’s payments sector remains positioned for long-term success and is poised for a swift return to healthy growth.
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.
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
The top barriers to mobile ownership in Asia are literacy and skills and affordability, with family disapproval also featuring as a major barrier in parts of South Asia.
Focussing on women, and micro, small, and medium enterprises (MSMEs), the paper highlights that digital financial solutions could play a significant part in closing gaps in financial inclusion and povides insights from Indonesia, Philippines, Cambodia, and Myanmar.
This report covers overview and constraints of setting up a social protection system for informal workers in Asia. It also includes interesting case studies of some Asian countries including Bangladesh, the People’s Republic of China (PRC), Indonesia, Pakistan, and the Philippines.
Through an extensive literature review, the paper provides evidence about role of mobile banking as well as branchless banking is significant for women entrepreneur’s empowerment, especially for financially including them.
PNG’s Ministries of Finance and Treasury endorse Better Than Cash Alliance membership
Reposted from the original Gates Foundation blog on Impatient Optimists. Until recently, achieving financial inclusion for the world’s unbanked poor was a pressing goal with perplexing obstacles.
Read about India’s transformational journey to scale responsible digital payments
Small merchants exert a big influence on the global economy.
Blockchain Series: Blog 4
Dhaka, November 20, 2019 - Media release by Government of Bangladesh: Building on what has been achieved so far, the government and the private sector have committed to working together to…