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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Opening new payment gateways for merchants presents risks but much greater opportunities. Striking the right balance between fostering innovative services and managing risk is crucial.
Guest post by Alicia Rendon Contro, Grupo Bimbo
This is the second in a series of articles written by Maura Hart on the achievements of several Better Than Cash Alliance members. These highlights capture the innovative work by governments, businesses and development organizations to fulfill their commitment to transition from cash to digital payments.
Two case studies from the Better Than Cash Alliance present innovations from Colombia’s digital payments ecosystem
The Better Than Cash Alliance supports a unique initiative of the Peruvian Banker’s Association (ASBANC) that brings together banks and major telecom operators…
Ingreso Solidario is a COVID-19 social protection programme in Colombia benefitting 3 million households. It shows digital payments can be rapidly dispersed across multiple channels.
Building an inclusive financial ecosystem is critical to accelerating the shift away from cash in Colombia and Latin America…
By Jeffrey Bower, Digital Finance Specialist, Better Than Cash Alliance …
The Alliance contributed to the launch of Peru’s new mobile payment system, Bim, which plans to bring digital payments to 5 million Peruvians over 5 years.
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…
On Tuesday, January 27th, the Better Than Cash Alliance along with the Departamento para la Proseridad and MINHACIENDA hosted an event in Bogota
Study concludes Mexico’s savings and other benefits and provides tangible lessons for other nations
Cash remains in high demand despite measures by governments to keep funds digital. This Central Bank of Colombia study finds that economic growth and lower interest rates have a role to play.
How has Colombia provided digital financial transfers to nearly 3 million households severely affected by the pandemic?
The Better Than Cash Alliance recently held a live webinar with key players behind the launch of Peru’s new mobile wallet. “Bim” is the first product of Modelo Perú, which plans to bring dig…
Peru, the Dominican Republic, and Costa Rica are demonstrating that digital payments are an essential part of the economic recovery
This Diagnostic Study shows that Peru has a powerful opportunity to drive financial inclusion and continue modernizing its economy through further reforms to support digitization of payments.
Interview with Felipe Vásquez de Velasco, General Manager of Peruvian Digital Payments (PDP)
The government joins the United Nations-based alliance of governments, companies and international organizations that works to accelerate the move toward digitization of payments…