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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On 19 August 2015, the Reserve Bank of India approved licenses for eleven institutions to set up payment banks. The purpose was to have these banks further financial inclusion by providing s…
Making cash history: How digital payments can help achieve the Sustainable Development Goals
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.
Bangladesh commits to further national financial inclusion by accelerating the transition to digital payments…
Beneficiaries received electronic transfers via mobile savings accounts
Two case studies from the Better Than Cash Alliance present innovations from Colombia’s digital payments ecosystem
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…
Building an inclusive financial ecosystem is critical to accelerating the shift away from cash in Colombia and Latin America…
There is growing consensus in the humanitarian community that cash (digital or physical) – as opposed to delivery of food and materials – is often the best way to help communities bounce back from crisis.
The International Fund for Agricultural Development joins Better Than Cash Alliance to bring financial inclusion to rural communities
By Beth Porter, Policy Advisor, Financial Inclusion, UNCDF, Advisor, Better Than Cash Alliance
The World Bank expects people to send USD$581 billion in remittances in 2014, through a network of banks and money transfer operators.
The Better Than Cash Alliance, hosted by UNCDF, gathered with colleagues at the Consultative Group to Assist the Poor (CGAP) Council of Governors Annual Meeting last month in Urubamba, Peru….
In joining the Better Than Cash Alliance, the World Savings and Retail Banking Institute will work to increase the number of electronic transactions undertaken throughout its global membersh…
Study concludes Mexico’s savings and other benefits and provides tangible lessons for other nations
At ACDI/VOCA we see firsthand how technological innovations are revolutionizing approaches to global economic development. This is particularly true for electronic payments. Around 2.5 billi…
In wealthy countries, most people conduct their financial activity in digital form; money and value is stored virtually and transferred instantaneously with a touch of a button.