Digital payments

Uruguay makes great strides toward the universalization of access to financial services

The government joins the United Nations-based alliance of governments, companies and international organizations that works to accelerate the move toward digitization of payments…

New United Nations Study: Digital payments could boost tax revenue by nearly US$500 million each year and drive economic modernization in Tanzania

Findings illustrate how the private and public sector could work together to modernize economies, improve transparency and support financial inclusion and growth.

Person-to-Government Payments: Lessons from Tanzania’s Digitization Efforts

This case study explores the factors both supporting and impeding the widespread adoption of Person-to-Government (P2G) and Business-to-Government (B2G) payments in Tanzania, focusing on the period from 2012 to 2016.

New United Nations Study Maps Top 10 Ways Governments and Companies Can Create Digital Economies

For the first time, new evidence from 25 countries shows how governments and companies can move away from cash, as McKinsey Global Institute reveals a potential $3.7 trillion GDP boost…

Country Diagnostic: Peru

This Diagnostic Study shows that Peru has a powerful opportunity to drive financial inclusion and continue modernizing its economy through further reforms to support digitization of payments.

As Development Aid Evolves, Digitizing Tax Payments Can Have Dramatic Benefits for Emerging Economies

This blog post was originally published in the Huffington Post

Country Diagnostic: Bangladesh

This Diagnostic Report shows Bangladesh is making significant strides toward a digital economy, and outlines specific policy measures that can underpin further digitization of payments into the future.

How Digital Payments Are Connecting People With Opportunities To Improve Their Lives

This blog post was originally published in the Huffington Post…

UN report: Social network payments now reach nearly US $3 trillion in China

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Alipay, WeChat Near $3 Trillion

Interview with Maha Bahou, Central Bank of Jordan “Our strategy is national, not institutional”

Ms. Maha Bahou is the Executive Manager for Payment Systems & Domestic Banking Operations and Financial Inclusion Department at the Central Bank of Jordan (CBJ)….

One Acre Fund Study

Find out how mobile payments are better than cash for Kenyan farmers

Accelerating Financial Inclusion in South-East Asia with Digital Finance

Focussing on women, and micro, small, and medium enterprises (MSMEs), the paper highlights that digital financial solutions could play a significant part in closing gaps in financial inclusion and povides insights from Indonesia, Philippines, Cambodia, and Myanmar.

China cashing out as mobile payment soars (AFP)

China cashing out as mobile payment soars (The Business Times)

China Breakthroughs: Pay it forward on cashless society

Bringing E-money to the Poor: Successes and Failures

This report examines the successful lessons from Kenya, South Africa, Sri Lanka, and Thailand case studies of “gazelles", that leapt from limitation to innovation by successfully enabling the deployment of e-money technology.

Financial Inclusion, Digital Payments and Their Impact on Income and Tax Revenue Around the World

Using various global datasets, this study quantifies the effect of financial inclusion and digital payments on income and individual government tax revenues to be an additional $4.1 trillion in the world economy.

Governments can use digital financial technologies to fight corruption