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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Digital payments can help make the sector more efficient, transparent, and secure for companies and people alike
Four building blocks for responsible and scalable digitization
New report reveals the cocoa sector in Ghana faces avoidable costs and inefficiencies representing 19% of revenues
Opening new payment gateways for merchants presents risks but much greater opportunities. Striking the right balance between fostering innovative services and managing risk is crucial.
As part of fighting the COVID-19 pandemic, governments are taking urgent measures to digitally pay health workers and vulnerable people. The Better Than Cash Alliance hosted a webinar to highlight key lessons from Sierra Leone's use of digital payments in their Ebola response, which shaped the outcome of the crisis in West Africa. The webinar outlined key takeaways on how governments could solve the challenges emerging from the COVID-19 crisis: - Keeping the digital payments ecosystem functioning and safe. - Delivering payments to health workers and, where possible, to affected families effectively. - Providing beneficiaries with the right information about these payments. For more information, please check out our case study “Saving Money, Saving Lives: A Case Study on the Benefits of Digitizing Payments to Ebola Response Workers in Sierra Leone.” http://ow.ly/SQAd30izODF
As the tragic human costs of COVID-19 mount, the need for practical, scalable, quick and effective solutions is urgent. Now more than ever, it’s time to put digital payments to work.
Join us on Thursday, April 2nd, 2 – 3pm GMT
Digital payments enable inclusive growth and advance the Sustainable Development Goals, through cost savings, increased transparency, financial inclusion and greater women’s economic participation.
New partnership will result in promoting digital payments as an important tool to increase security, financial inclusion and economic opportunities in the workplace.
Dhaka, November 20, 2019 - Media release by Government of Bangladesh: Building on what has been achieved so far, the government and the private sector have committed to working together to solve the challenges in ensuring all garment factories pay their workers digitally. The decision came from the Bangladesh Digital Wages Summit, which convened on 20 November in Dhaka.
Some African nations lead the world’s e-money businesses. And several are finding that leaving notes and coins behind is not only improving efficiency, safety and transparency, but it is also helping many people leave poverty behind.
Interview with Gustavo Vega, President of the clearing house ACH Colombia
As populations age and birth rates decline in many parts of the world, digital solutions have an important role to play in ensuring financial well-being for older adults. Globally, the number of people aged 60 years or over has more than doubled since 1980, and the share of older adults is projected to double again by 2050.
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Blockchain Series: Blog 6