India

India and UN-Based Better Than Cash Alliance organized a joint Peer learning exchange on fintech solutions for responsible digital payments at the last mile

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.

Near-term impact of India’s demonetization

New Harvard University paper looks at the impact of demonetization on the Indian economy. It finds that, in the near-term, the event led to "temporary reductions in employment, output, and credit." But "there may be potential longer-term benefits" in several areas, including tax collection.

Distributed Ledger Technology and Digital Identity: Prospects and Pitfalls Ahead

Blockchain Series: Blog 4

Public Financial Management and the Digitalization of Payments

Joint report by the Better Than Cash Alliance, the Center for Global Development, and the Overseas Development Institute, building on work with the International Monetary Fund in 2017.

“Payment and Settlement Systems in India: Vision 2019 – 2021

With an aim to create a cash-lite economy, the Reserve Bank of India has published its "Payments System Vision 2021." The document can be a useful resource for members like Ghana who are working on similar strategies.

The Ups and Downs of India’s Digital Transformation

This Harvard Business Review article discusses, among other things, how digital transformation has made tax collection more efficient.

National Payments Corporation of India and the remaking of payments in India

The paper examines the role NPCI played in transforming the way India manages financial transactions, as well as what lessons can be learned from India’s experience.

What explains low adoption of digital payment technologies? Evidence from small-scale merchants in Jaipur, India

New research from India states that low adoption of digital payments among small retailers is not a result of supply-side barriers, such as affordability and availability. It is due to demand-side factors such as perceived aversion of customers to transact digitally.

Digital India

What measures can businesses, governments, and individuals take to make a smooth transition into the digital economy? Read this in-depth analysis by McKinsey that details the state of digitization in the country and the pace at which it is happening. 

For whom the cash tolls

Transportation Series: Blog 2

Truly mobile money – ride-sharing and mobile payments in South and Southeast Asia

Transportation Series: Blog 4

Factories paying workers digitally are five times more likely to provide good social and labor practices

New data gathered from the Higg Index from 3,000 factories in 58 countries

Financial inclusion, a driver of state building in India and Mexico?

This article situates latest trends within the evolution of Indian and Mexican social policies and discusses how on one hand financial inclusion policies allow vulnerable populations to access new rights while resulting in new ways of controlling consumer behavior.

Accelerating the SDGs: How Digital Finance Can Ignite Faster Progress Toward the Global Goals

As world leaders met at the U.N. General Assembly in New York last week, many discussions focused on how to ignite greater progress toward the Sustainable Development Goals (SDGs). Increasingly, digital financial inclusion is emerging as a key answer.

Saving by Default: Evidence from a Field Experiment in Rural India

The report conducts a randomized experiment documenting the impact of the payment method on savings behavior.

Branchless banking: Evaluating the doorstep delivery of financial services in rural India

This paper evaluates the effect on household savings of India's recent financial inclusion drive, a drive that generated an unprecedented increase in access to financial institutions by using mobile technologies to deliver services practically at the doorstep of rural households.

Lessons from Rwanda: Harnessing public-private partnerships to drive payment digitization

By Oswell Kahonde and Juan Blanco

Alcanzando Escala: El Trayecto de BIM Hacia la Inclusión Financiera Digital en Peru

Entrevista a Felipe Vásquez de Velasco, Gerente General de Pagos Digitales Peruanos (PDP)

Driving to Scale: Bim’s Journey to Digital Financial Inclusion in Peru

Interview with Felipe Vásquez de Velasco, General Manager of Peruvian Digital Payments (PDP)