Digital payments

Responsible Practices to Address Seven Major Risks in COVID-19 Digital Financial Transfers Toolkit

The Report Responsible Practices to Address Seven Major Risks in COVID-19 Digital Financial Transfers identifies seven heightened risks resulting from the speed and scale of COVID-19 digital transfer responses.

A Fine Balance: Regulation & Greater Economic Opportunity in the Case of Payment Gateways for Merchants

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.

Mobile Coverage and its Impact on Digital Financial Services

"The study finds that the type of mobile coverage provided has a significant effect on the DFS UI and type of mobile phone that can be used for DFS access.Feature phones and Unstructured Supplementary Service Data transactions continue to be the choice for the vast majority users."

Instant Secure Mobile Payment Scheme

The paper proposes a new communication network, Speed PAy, that jointly connects the banks together and allows the customers to process all kind of transactions with the use of their cell phones and without the need for a new SIM.

Impact of demonetization on diffusion of mobile payment service in India: Antecedents of behavioral intention and adoption using extended UTAUT model

The paper shows that behavioral intention, demonetization and facilitating conditions have a positive impact on the adoption of mobile payment services in India.

BSP Holds Digital Payments Leaders Summit as the Country Moves Closer to a Cash-lite Economy

Senegal: tech helps boost access to health to leave poverty behind

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.

Fostering digital payments and fintech development 

This ADBI working paper discusses measures to foster digital financial innovation in Indonesia. It identifies having a fintech roadmap along with a national digital economy strategy, aimed at developing a sound ecosystem, as crucial pillars for success. 

Leveraging Digital Financial Solutions to Promote Formal Business Participation

Can digital financial services help bring them into the tax net? The answer is not simple, but quality infrastructure based on RDPGs is an integral part of the puzzle. Read the new World Bank working paper that also includes learnings from Uruguay on this topic.

“Botón PSE has changed the payment landscape in Colombia”

Interview with Gustavo Vega, President of the clearing house ACH Colombia

Fintech notes: Rise of digital money

This IMF brief takes a first stab at tackling the questions surrounding the rise of new forms of digital money. It identifies the benefits and risks and highlights regulatory issues that are likely to emerge with broader adoption of different forms of e-money.

Blockchain: Cutting through the noise

Introduction: Framing of our blog series on distributed ledger technology

Distributed Ledger Technology: What Is It and Why Do We Care?

Blockchain Series: Blog 1

Distributed Ledgers: Looking Past the Hype

Blockchain Series: Blog 2

DLT: Keep Calm and Let the Evidence Speak

Blockchain Series: Blog 3

Distributed Ledger Technology and Digital Identity: Prospects and Pitfalls Ahead

Blockchain Series: Blog 4

Distributing Production: Can Distributed Ledgers Fuel a New Wave of Supply-Chain Innovation?

Blockchain Series: Blog 5

Paying Across Borders: Can Distributed Ledgers Bring Us Closer Together?

Blockchain Series: Blog 6

In the IMF’s Fight Against Corruption, Digital Payments are a Powerful Weapon

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 in digital economies.

Cash Digitization: UN Collaboration, Coordination, and Harmonization Opportunities