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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The study looks at how development organizations or government programs can increase the efficiency and scale of transfers, while also forming the building blocks for financial inclusion.
The Prime Minister made this announcement at the Council of Ministers last week, where he presented a new study on payment digitization to His Excellency the President of the Republic, Macky Sall.
Ghana has made significant gains, including almost 100 percent government payments to people and payments within the government now processed digitally.
A new animation and working paper, developed by the Alliance, seek to better explain inclusive digital payment ecosystems.
The discussion focused on the critical elements of Kenya’s successful transition process, the challenges and benefits of the shift.
A digital strategy for Ethiopia inclusive prosperity
Kenya’s “Digital Economy Blueprint” provides a conceptual framework for setting up a successful digital economy in the country. The document identifies and explores five pillars of focus and is relevant for our work not just in Kenya but across Africa.
The World Economic Forum and International Trade Centre’s “Africa e-commerce agenda” discusses 8 policy areas - including enhancing digital payments - that can help unleash the potential of e-commerce in the continent.
This CG Dev paper, by Professor Njuguna Ndung’u, shows how M-Pesa’s success has led to a series of endogenous innovations that have shaped Kenya’s digital space. It outlines several important challenges that Kenya will need to address in order to further consolidate its success, including connectivity issues, digital ID, interoperability and consumer protection.
Based on a survey of over 1,200 people in three districts of Rwanda, this Smart Campaign report delves into the experiences of users of digital financial services.
With an aim to create a cash-lite economy, the Reserve Bank of India has published its “Payments System Vision 2021.” The document can be a useful resource for members like Ghana who are wor…
This webinar captured lessons on delivering vital G2P payments in a way that expands choice while managing liquidity and cash-out in innovative ways.
This paper provides examples of how digitization in Kenya has supported the economy via a retail electronic payments system, financial inclusion, increased financial sector vibrancy, and pushed GDP growth with it.
New report: Worker payments digitization for economic recovery and decent work.
The paper outlines potential for growth for FinTech for financial inclusion while emphasising on the need for regulatory approaches , citing some successful cases from India , Kenya and China.
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…
At the heart of this financial transformation is the rise of digital payments services through which nearly any individual or business can send or receive money in real time for almost any p…
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…
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This paper includes an extensive literature review on Mobile financial Services (MFS)and provides an overview of existing MFS landscape.