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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Empowering People One Transaction at a Time: Leading Corporations, Foundations and Development Organizations Form “Better Than Cash Alliance” to Accelerate Global Shift to Electronic Payments
The Better Than Cash Alliance (BTCA) is supporting the United Nations Development Programme’s (UNDP) work with the authorities in Guinea, Liberia, and Sierra Leone to coordinate payments for thousands of treatment centre staff, lab technicians, contacts tracers and burial teams.
There is growing consensus in the humanitarian community that cash (digital or physical) – as opposed to delivery of food and materials – is often the best way to help communities bounce back from crisis.
Sierra Leone’s experience shows the critical importance of preparing early for digital payments before crises hit.
New partnership will result in promoting digital payments as an important tool to increase security, financial inclusion and economic opportunities in the workplace.
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This blog post was originally published in the Huffington Post…
World Economic Forum recognises electronic payments as a driver for financial inclusion
The organization joins a UN-hosted alliance of governments, companies and international organizations to accelerate the move towards digitization of payments