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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500 million Indian smartphone users in next 5 years: a huge market for digital payments
Mexico’s route to financial inclusion begins with commitment to reduce use of cash
The Alliance contributed to the launch of Peru’s new mobile payment system, Bim, which plans to bring digital payments to 5 million Peruvians over 5 years.
Digital payments can promote broader development goals of the G20 countries, according to a new report by the World Bank Development Research Group.
The Alliance and the Gates Foundation propose digital financial services as a means for this growth to be broad-based and inclusive, especially for to women.
The discussion focused on the critical elements of Kenya’s successful transition process, the challenges and benefits of the shift.