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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Although cashless payment instruments have been available in Mexico for some time, their rate of adoption was not remarkably fast, until the last 15 years. This chapter seeks to document this phenomenon and discuss some hypotheses on why the adoption rate is still low.
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.
In-depth analysis shows Bangladesh making impressive strides towards a digital economy, identifies solutions for further progress…
This blog post was originally published in the Huffington Post
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 McKinsey Global Institute reveals a potential $3.7 trillion GDP boost in emerging economies, the report outlines how Peru can continue to advance its digital finance agenda …
The Global Payment Systems Survey (GPSS) covers cross-country comparisons and assess progress in national payments system development. The latest iteration (2018) shows the number of cashless transactions per capita per year (globally) increased by 25% as compared to 2015.
New reports by McKinsey Global Institute and the Better Than Cash Alliance
This paper reviews 25 countries where digitization has had great impact and reveals 10 tangible steps, or “accelerators,” that governments and companies can take to build inclusive 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…
Findings illustrate how the private and public sector could work together to modernize economies, improve transparency and support financial inclusion and growth.
In this report, McKinsey takes a comprehensive approach to quantifying the economic and social imact of digital finance in emerging economies.
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.
From Peru to Rwanda to India, people, governments and businesses are increasingly making their payment transactions digitally, whether by mobile phone, by card or online.
The blog captures what have been done so far by international Standard Setting Bodies (SSBs) to incorporate aspects of financial exclusion and recommends a broad plan and concrete steps to move ahead for FATF and SSBs.
Mexico’s route to financial inclusion begins with commitment to reduce use of cash
One of the largest economies in Latin America keeps growth momentum going by joining the United Nations’ Better Than Cash Alliance to foster a financially inclusive economy