Digital payments

Fintech for the Water Sector

This paper explores how fintech can support expansion of market-based solutions for water, sanitation, and irrigation, identifying several use cases where fintech is already being used to address financial inclusion and access to water.

Visa Streamlines Distribution of Child Support Payments in Nebraska

Distributing benefits, such as child support, unemployment and disability assistance, has been transformed by the use of prepaid cards. Instead of mailing paper checks, 40 states now use Vis…

Kenya Case Studies in e-Payments

This document describes four case studies on the use of mobile money in Kenya, covering use by a government ministry (The Ministry of Lands), an NGO implementing partner of USAID (PACT), a g…

Visa Delivers the Benefits of Electronic Payments to the Trucking Industry in Brazil

In Brazil, the trucking industry has relied on a paper-based “freight letter” system for paying truck drivers’ salaries. Aside from operational inefficiencies, this method subjected cargo co…

Aadhaar: Digital Inclusion and Public Services in India

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…

Payment Cards and Economic Growth: The Positive Economic Impact of Digital Currency

Moody’s Economy.com recently completed a study to measure the economic impact of the shift from cash and checks to digital currency in 51 economies worldwide….

The Impact of Electronic Payments on Economic Growth (2013)

A study by Moody’s Analytics that looked at the impact of increased card penetration on the private consumption of 56 countries over five years.

M-Shwari: Market Reactions and Potential Improvements

This Microsave report examines initial market perceptions to M-Shwari, a mobile banking service that allows M-PESA customers to borrow money and apply for emergency loans directly through th…

Electronic G2P Payments: Evidence from Four Lower-Income Countries

This CGAP Focus Note presents the evidence gained from a comprehensive study of the experiences in developing and implementing e-payment schemes linked to financial inclusion in four lower-i…

Digitizing merchant payments in Bangladesh

Better placement of marketing materials can help boost usage of digital payments in small merchants. What are some other ways to drive usage? Read this IFC report that is based on feedback and learnings from early adopters of bKash in Bangladesh.

Small-scale Kenyan farmers use mobile money to turn remittances into farm profits

A study has found that Kenyan farmers who use mobile money have 35% higher profits per acre of banana production than non-users. Mobile money also increased household income by 40% and contr…

Faster, cheaper and better regional payment integration

Federal Reserve strategies for improving the US payment system

Assessing risk in digital payments (Gates)

Since digital payments form the foundation for digital financial services, an approach to managing and regulating their risk is the first step. Significant literature exists that outlines th…

Case Study: Shifting Food Assistance in Kenya to E-Payments

This CGAP case study discusses the program elements of the World Food Programme’s Cash for Assets pilot in Kenya, as well as the design and implementation process, the experiences of stakeho…

DaviPlata: Taking Mobile G2P Payments to Scale in Colombia

This CGAP research paper describes the key challenges Davivienda, a Colombian bank faced through the journey to delivery G2P payments over mobile: how the service delivery model had to be ad…

Adoption of e-procurement strategy and procurement performance in state corporations in Kenya (A case of Kenya Revenue Authority)

E-procurement is the use of information technology in managing the procurement process in the organization with an aim of improving the procurement process. The study is aimed at determine R…

Bank on Her: The Smart Solution for Financial Inclusion

Including more women in the informal sector specifically leads to countless benefits besides increased economic growth. Studies show that when a woman controls her own finances, she invests …

Business model innovation: pervasiveness of mobile banking ecosystem and activity system–an illustrative case of Telenor Easypaisa

“Purpose – The paper provides a holistic overview of already available academic literature of mobile banking, business model innovation and ecosystem and activity system perspective of busin…

How new technologies affect small businesses – recent research findings from DCED Research

This DCED Research and Evidence Update compiles recent books, journal articles and studies that offer credible findings on the effectiveness of private sector development (PSD), reviews of c…