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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Despite the near-term disruption to revenue growth related to the COVID-19 pandemic, Asia’s payments sector remains positioned for long-term success and is poised for a swift return to healthy growth.
This report finds and discusses that contrary to a popular narrative of competition between the legacy providers and newcomers in the market, financial institutions view fintechs as great partners for innovation and envisions more such partnerships as institutions learn from successful cases.
Today, over half of the world population lives in cities. By 2050, this number will increase to two-thirds. In this context, this study looks at the net benefits associated with adopting digital payments at the city-level.
The principles, endorsed in 2016 during the G20 Chinese Presidency, catalyzes the adoption of digital approaches to achieve G20’s goals of financial inclusion, inclusive growth and increasing women’s economic participation.