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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As Nigeria rolls out one of the developing world’s most ambitious policy platforms to boost digital payments and drive greater financial inclusion, it’s important to take stock of the country’s progress to date, so that policy-makers around the world can learn from Nigeria’s experiences.
The emergence of Nigeria as a regional economic powerhouse has presented a challenge for Nigerian policymakers: how to convert Nigeria’s growth at the macro level into greater financial inclusion, so that the rising economic tide can benefit more people.
This diagnostic measures the current state of the transition from cash to electronic payments by estimating volumes and values of payments made in Nigeria, as well as assessing the likelihood of further movement by looking at payment use cases associated with each key shift stage.
This case study features four large businesses that have derived clear benefits by early adoption of digital payments.
For Nigeria to see broad adoption of digital payments it must find ways to encourage merchants and consumers to adopt them across a range of payment use cases. This pilot study by insight2impact highlights how transactional data can support an evidence-led strategy for digital adoption.
A new animation and working paper, developed by the Alliance, seek to better explain inclusive digital payment ecosystems.
World Economic Forum recognises electronic payments as a driver for financial inclusion
Reposted from the original Gates Foundation blog on Impatient Optimists. Until recently, achieving financial inclusion for the world’s unbanked poor was a pressing goal with perplexing obstacles.
The roundtable saw the participation of 20+ stakeholders from 11 African nations.
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Guest post by Allegra Palmer, Women’s World Banking…