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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Nandan Nilekani-led high-level panel submitted its report on deepening digital payments in India. It calls for pivoting the ecosystem from issuance to acceptance and shares practical recommendations for doing that. The report refers to 6 Alliance publications.
New research from India states that low adoption of digital payments among small retailers is not a result of supply-side barriers, such as affordability and availability. It is due to deman…
The paper shows that behavioral intention, demonetization and facilitating conditions have a positive impact on the adoption of mobile payment services in India.
This paper looks at the impact of security perceptions on the adoption of digital payments and finds that financial service providers (FSPs) should carefully consider risk and trust issues to enable uptake. They should also use tailored promotional strategies to cater to different genders.
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…
With 180 million unbanked people, Indonesia is one of the most valuable untapped digital payments markets in the Asia Pacific region. According to a Think with Google paper, women aged 25-34 will be the key to enabling adoption in the country.
This 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.
A year and a half post demonetization, only about 5% of India’s ~60 million MSMEs own digital acceptance devices. This report provides a deeper context and recommendations on small business profiles, infrastructure, needs, behaviors, and perceptions.
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.
This WEF report explores how redefining and measuring the way digital payments interact with one another can help drive economic growth and financial inclusion.
The World Economic Forum and IDB Lab explore how digital payments in Latin America & the Caribbean can continue to evolve in an open, inclusive and safe manner.
The toolkit provides a comprehensive view of scale and nature of Mobile money opportunities; strategic considerations around interoperability and enabling third parties; further providing some insights and best practices around the same.
An article by McKinsey that explores which digital payments models are best placed to gain momentum in emerging markets and what innovations may lie on the horizon.
Since digital payments form the foundation for digital financial services, an approach to managing and regulating their risk is the first step. Significant literature exists that outlines th…
This report looks at various faster payment systems (FPS) in the world and analyze the speeds at which payments are processed and settled.
In Brazil, the trucking industry has relied on a paper-based “freight letter” system for paying truck drivers’ salaries. Aside from operational inefficiencies, this method subjected cargo co…
The paper explains the changes in pricing policy for instant payments compared to traditional card schemes and assesses their impact on market development.
Education programs and awareness campaigns can help improve mobile money usage among smallholder cassava farmers in Nigeria and Ghana. Better agent network and incentives may help too. Read …
The study provides emperical evidence of how the expansion of electronic payments has a significant, positive effect on future economic growth.
The report assesses the landscape of 32 instant payment systems in Africa, measuring their performance on criteria such as interoperability, use cases, channels, and governance.