Digital payment

Can electronic tax invoicing improve tax compliance?

This paper defines Republic of Korea’s motivation for Electronic Tax Invoicing (ETI), the implementation process, the legal and regulatory regimes, lessons learned, and future challenges for tax policy makers and tax authorities in developing countries.

The Ups and Downs of India’s Digital Transformation

Indian economy is operating at an estimated $33 billion less cash than it would have without demonetization. Income tax buoyancy is at a decade high of 2.20. This Harvard Business Review art…

Introducing GSM-enabled PAYG Solar in Cambodia

The report tracks the implementation of a Cambodian company Kamwork’s pay-as-you-go (PAYG) solar home systems (SHSs) with GSM-based machine-to- machine (M2M) connectivity to validate the business model and determine what level of support from GSM network coverage.

Governments can use digital financial technologies to fight corruption

China Breakthroughs: Pay it forward on cashless society

China cashing out as mobile payment soars (The Business Times)

China cashing out as mobile payment soars (AFP)

Alipay, WeChat Near $3 Trillion

bKash: Revolutionizing Mobile Financial Services in Bangladesh?

This study discusses the emergence of bKash as the m-banking pioneer in Bangladesh. It focuses on the services provided by bKash and its current operating scenario in Bangladesh. bKash’s str…

Bridging the Digital Divide and Supporting Increased Digital Trade: Scoping Study

The global economy is experiencing important technological shifts, with the rise of digital technology a key driver. This can be seen today in the rapid growth of the digital economy, broadl…

Bringing E-money to the Poor: Successes and Failures

This report examines the successful lessons from Kenya, South Africa, Sri Lanka, and Thailand case studies of “gazelles", that leapt from limitation to innovation by successfully enabling the deployment of e-money technology.

Accelerating Financial Inclusion in South-East Asia with Digital Finance

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.

Mobile Financial Services In Bangladesh

The report provides an overview of the MFS progress in Bangladesh and discusses how selection of staff and beneficiaries from USAID agriculture and health projects are using both traditional and mobile financial services.

Mobile Banking for Empowerment Muslim Women Entrepreneur: Evidence from Asia (Indonesia and Bangladesh)

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.

Inclusive Growth Through Branchless Banking: A Review of Agent Banking and Its Impact

The paper explores the opportunities to overcome barriers to financial access in Bangladesh through branchless banking and emphasis that financial inclusion and inclusive growth could be advanced through existing work by Bangladesh bank on favorable agent banking policies

Building consumer demand for digital financial services–the new regulatory frontier

Digital financial services (DFS) are held out as key financial solutions for improving financial inclusion. However, targeted end users often offer little in the way of obvious profitable op…

Aadhaar: Digital Inclusion and Public Services in India

Aadhaar, India’s program to provide a unique identity number for every resident, is the largest biometric identification program in the world. Launched in 2008, the program has created biome…

Country Diagnostic: Bangladesh

This Diagnostic Report shows Bangladesh is making significant strides toward a digital economy, and outlines specific policy measures that can underpin further digitization of payments into the future.

BSP Holds Digital Payments Leaders Summit as the Country Moves Closer to a Cash-lite Economy

Government of Afghanistan Joins Better Than Cash Alliance

Government of Afghanistan Joins Better Than Cash Alliance — Pledges to Address Poverty and Grow Economy by Shifting to Electronic Payments…