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.
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Mexico has been among the forerunners in tax digitalization, starting in the 1980s when it piloted digital Point of Sale (PoS) registration and invoicing.
Grupo Bimbo identified digitization as a key element to help merchants remain competitive against modern retail stories in Mexico….
Mexico’s route to financial inclusion begins with commitment to reduce use of cash
One of the largest economies in Latin America keeps growth momentum going by joining the United Nations’ Better Than Cash Alliance to foster a financially inclusive economy
The Mexican government is saving an estimated US$ 1.27 billion per year, or 3.3 percent of its total expenditure, on wages, pensions and social transfers. How? By digitizing and centralizing…
Guest post by Alicia Rendon Contro, Grupo Bimbo
Through Red Qiubo, Grupo Bimbo provides small businesses with the necessary technology to accept digital payments in their operations.
This paper follows a quasi-experimental research design to assess the impact of the electronic payment system of Mexico’s Progresa-Oportunidades-Prospera (POP) programme.
Over 7.3 million women gained access to financial products from 2012 to 2018 due to policies informed by sex-disaggregated data. Read the CG Dev blog on why robust gender data is crucial for…
This article situates latest trends within the evolution of Indian and Mexican social policies and discusses how on one hand financial inclusion policies allow vulnerable populations to access new rights while resulting in new ways of controlling consumer behavior.
The largest social program in Mexico, Oportunidades, distributes benefits to 6.5 million people. The government-owned Bank of National Savings and Financial Services (Bansefi) was looking fo…
Although cashless payment instruments have been available in Mexico for some time, their rate of adoption was not remarkably fast, until the last 15 years. This chapter seeks to document this phenomenon and discuss some hypotheses on why the adoption rate is still low.
This case study is the first of a series of Better Than Cash Alliance case studies examining the how and why of shifting to electronic payments.
On April 15-16, 2014 the Better Than Cash Alliance presented at the First High Level Meeting for Effective Development Cooperation in Mexico City, Mexico.
In the first of The Better Than Cash Alliance Case Study Series to be released, researchers identify the many billions that are estimated to be saved by the Mexican government each year.
Study concludes Mexico’s savings and other benefits and provides tangible lessons for other nations
Learn about the Diploma in Financial Education of the National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF) of Mexico.
Lessons from our work with members in Ghana, India, Mexico, and the Philippines
Grupo Bimbo, the world’s largest baking company, announced that it will strengthen its commitment to digitize traditional small shops in Mexico.