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
Interview with Gustavo Vega, President of the clearing house ACH Colombia
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 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…
This diagnostic measures the current state of the transition to electronic payments by estimating volumes and values of payments made in Colombia, as well as assessing the likelihood of further movement by looking at payment use cases associated with each key shift.
This case study draws on interviews with ACH Colombia’s management as well as representatives of PSE’s stakeholders and users.
Study concludes Mexico’s savings and other benefits and provides tangible lessons for other nations
This is one in a series of case studies that was made possible by a grant from the Government of the United Kingdom’s DFID to the CGAP in support of the work of the Better Than Cash Alliance.
Grupo Bimbo, the world’s largest baking company, announced that it will strengthen its commitment to digitize traditional small shops in Mexico.
This CGAP research paper describes the key challenges Davivienda, a Colombian bank faced through the journey to delivery G2P payments over mobile: how the service delivery model had to be ad…
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