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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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.
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.
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.
The report makes recommendations for government in india to shape policy that simplifies KYC requirements, making digital payment transactions more user friendly.
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.
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.
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.
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…
Learn about the Diploma in Financial Education of the National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF) of Mexico.
IMF managing director Christine Lagarde is to be applauded for her recent leadership in the fight against corruption, and her recognition that there is an increasingly limited role for cash …
When a family member first told Mary that she could use her mobile phone to store her money, she felt that she had finally found a safe place to keep the earnings from her vegetable sales….
News from BTCA financial inclusion UN General Assembly week event
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 guidance note examines key aspects of central bank digital currency (CBDC) design and implementation, and implications for financial systems worldwide.