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 case study is the first to examine a shift to electronic payments in a large-scale rural business-to- business context.
Interview with Gustavo Vega, President of the clearing house ACH Colombia
In Brazil, the trucking industry has relied on a paper-based “freight letter” system for paying truck drivers’ salaries. Aside from operational inefficiencies, this method subjected cargo co…
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 case studies reveal how each country developed their programme, current delivery & payment, and the costs and benefits of using e-payments.
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…
Study concludes Mexico’s savings and other benefits and provides tangible lessons for other nations
This paper explores economic informality and how it relates to digital financial inclusion. It focuses specifically on the potential role that digital financial services–including those accessed through mobile phones and the internet can play in encouraging businesses to formalize their operations.
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.
Grupo Bimbo, the world’s largest baking company, announced that it will strengthen its commitment to digitize traditional small shops in Mexico.
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…