Wage payments

Bangladesh Digital Wages Summit

Scaling Digital Wages: An Opportunity for Garment Employees and Manufacturers

Senegal: tech helps boost access to health to leave poverty behind

Some African nations lead the world’s e-money businesses. And several are finding that leaving notes and coins behind is not only improving efficiency, safety and transparency, but it is also helping many people leave poverty behind.

Fostering digital payments and fintech development 

This ADBI working paper discusses measures to foster digital financial innovation in Indonesia. It identifies having a fintech roadmap along with a national digital economy strategy, aimed at developing a sound ecosystem, as crucial pillars for success. 

Global payments revenue reach $1.9 trillion

Payments generated $1.9 trillion in revenue last year with financial companies in Asia-Pacific taking home almost half of that amount. Read McKinsey's Global Payments Report 2019 to learn more.

How to create modern G2P payment systems

New CGAP focus note explores the core idea behind future-ready G2P payments, lays out its advantages and challenges, and describes how governments can create modern G2P payments systems. It draws heavily from ongoing efforts in Bangladesh, India, Kenya, Tanzania and Zambia.

Drivers of digital payments

New Reserve Bank of India study shows that per capita income, education, availability of digital infrastructure and greater internet penetration help in the growth of digital payments in an economy. For India, it suggests that the government should focus on providing a conducive macroeconomic environment and safe and easy access to digital infrastructure.

How to consolidate gains in digital payments

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.

“Botón PSE has changed the payment landscape in Colombia”

Interview with Gustavo Vega, President of the clearing house ACH Colombia

Role of digital finance in an aging world

Digital payments and Public Financial Management

Understanding merchant payments landscape 

A new Karandaaz study shows that around 95% of merchants in Pakistan do not accept digital payments. To promote adoption, it calls for creating awareness among users, better infrastructure, interoperability and reliability of services.

Emerging trends in managing payment fraud

Based on surveys from 566 business leaders, a new VISA report finds that the top 3 (payments-related) fraud concerns are ID verification, data privacy, and transaction monitoring. It calls for taking a more holistic approach to fraud management which involves a mix of new technologies and new skills.

Lessons from implementing P2G payments strategies

This GSMA study shares lessons from Orange's work in West and Central Africa on implementing Person-to-Government (P2G) payment strategies. It calls for having unifying policies and champions to help promote coordinated and effective P2G payment platforms.

The Effect of Payment Choices on Online Retail: Evidence from the 2016 Indian Demonetization

This Harvard Business School paper analyzes more than 2.5 million transactions from a leading online retailer to investigate the effects of payment digitization on the online retail industry. It concludes that consumers who switch to digital payments maintain their purchase frequency but spend more and are less likely to return their purchases.

Blockchain: Cutting through the noise

Introduction: Framing of our blog series on distributed ledger technology

Distributed Ledger Technology: What Is It and Why Do We Care?

Blockchain Series: Blog 1

Distributed Ledgers: Looking Past the Hype

Blockchain Series: Blog 2

DLT: Keep Calm and Let the Evidence Speak

Blockchain Series: Blog 3

Distributing Production: Can Distributed Ledgers Fuel a New Wave of Supply-Chain Innovation?

Blockchain Series: Blog 5

Paying Across Borders: Can Distributed Ledgers Bring Us Closer Together?

Blockchain Series: Blog 6