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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For the first time, new evidence from 25 countries shows how governments and companies can move away from cash, as McKinsey Global Institute reveals a potential $3.7 trillion GDP boost…
Budget Under-Secretary Richard Bon Moya knew he was being ambitious. The goal was to shift all the financial transactions of the Filipino Government to a digital format—and to do it in five …
By BTCA Communications Team…
Grameen Foundation Joins Better Than Cash Alliance; Pledges to Address Poverty by Shifting to Electronic Payments…
This blog was originally published on BSR.org…
The Better Than Cash Alliance is introducing an occasional series on innovations that have the potential to reduce costs in digital payments. The first in this series is an article by Ryan Z…
In looking at ways to bring financial services to the more than two billion people outside formal financial systems, often the focus has been on piecemeal efforts to improve specific element…
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
In December 2017, there were over 2.9 million active agents and 690 million registered customer accounts worldwide. Primarily responsible for registering customer accounts, mobile money agen…
The mobile money industry is now processing a billion dollars a day and generating direct revenues of over $2.4 billion. With 690 million registered accounts worldwide, mobile money has evol…
This study examines the three shifts to electronic payments and aggregates the findings of a range of studies about the benefits of electronic payment adoption.
This paper, jointly released by the Better Than Cash Alliance and the World Bank, summarizes and analyzes the financial challenges faced by older adults.
The toolkit provides a comprehensive view of scale and nature of Mobile money opportunities; strategic considerations around interoperability and enabling third parties; further providing some insights and best practices around the same.
The report catalogues extensive suggestive evidence of some of the unintended consequences of AML/CFT and sanctions enforcement by FATF and SSBs simultaneously highlighting their role in increasing the safety and security of the global financial systems.
This survey examines the evolution of mobile money, its important role in widening financial inclusion, and the impact of regulation on the development of mobile money systems.
This editorial highlights the significance of digital money as a transformational innovation and emphasizes that banks and financial institutions need to develop strategies to respond to opportunities and threats of digital money.