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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Grupo Bimbo identified digitization as a key element to help merchants remain competitive against modern retail stories in Mexico….
This webinar demonstrated how integrating the Responsible Digital Payments Guidelines in payment responses is possible and why it’s an important building block for recovery.
This case study is the first to examine a shift to electronic payments in a large-scale rural business-to- business context.
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…
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.
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.
This case study draws on interviews with ACH Colombia’s management as well as representatives of PSE’s stakeholders and users.
Building an inclusive financial ecosystem is critical to accelerating the shift away from cash in Colombia and Latin America…
Interview with Gustavo Vega, President of the clearing house ACH Colombia
Study concludes Mexico’s savings and other benefits and provides tangible lessons for other nations
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…
The World Economic Forum and IDB Lab explore how digital payments in Latin America & the Caribbean can continue to evolve in an open, inclusive and safe manner.
Alliance’s work in action
The COVID-19 crisis is having a significant and widespread effect on global payments across sectors. The most striking and potentially lasting impact is an accelerating pace of change in the industry.
This brief highlights the role of cash transfers and digital distribution as a part of COVID-19 response in Colombia.
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.