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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The report attempts to understand the factors that drive awareness and interest among current non-users of digital payments in India and analyzes the experience of current users and dentify potential strategies to spur the adoption among these consumers and merchants.
The report makes recommendations for government in india to shape policy that simplifies KYC requirements, making digital payment transactions more user friendly.
The principles, endorsed in 2016 during the G20 Chinese Presidency, catalyzes the adoption of digital approaches to achieve G20’s goals of financial inclusion, inclusive growth and increasing women’s economic participation.
This report provides insights from the Digital Money Index, which tracks the development of digital money readiness in 84 countries. It shows a 5.5% improvement in overall digital money readiness over the last five years.
New data gathered from the Higg Index from 3,000 factories in 58 countries
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.
Today, over half of the world population lives in cities. By 2050, this number will increase to two-thirds. In this context, this study looks at the net benefits associated with adopting digital payments at the city-level.
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.
This editorial highlights the significance of digital money as a transformational innovation and emphasizes that banks and financial institutions need to develop strategies to respond to opportunities and threats of digital money.
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 paper explores the opportunities to overcome barriers to financial access in Bangladesh through branchless banking and emphasis that financial inclusion and inclusive growth could be advanced through existing work by Bangladesh bank on favorable agent banking policies
The Better Than Cash Alliance is introducing an occasional series on innovations that have the potential to reduce costs in digital payments. The first in this series is an article by Ryan Z…
Aadhaar, India’s program to provide a unique identity number for every resident, is the largest biometric identification program in the world. Launched in 2008, the program has created biome…
This is the fourth 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.
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…
A report by the World Bank Group’s Payment System Development Group, the Better Than Cash Alliance, and the Alliance for Financial Inclusion for the G20 Global Partnership for Financial Inclusion.
Many Ivoirians were concerned that the 2015 presidential elections would lead to renewed conflict, particularly after the violence surrounding the elections of 2010. …
The African Union, AfCFTA, the Better Than Cash Alliance & Smart Africa, launch a call to action to drive responsible digitization for the achievement of Agenda 2063.