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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New data from the World Bank’s Global Findex Database 2021 confirms the centrality of digital payments in reaching financial equality for all.
The 2022-2025 strategy envisages a secure, fast, efficient and collaborative payments system that supports financial inclusion and innovations for all Kenyans.
Successful digitization of P2G payments and its widespread adoption by users is achievable - but depends on the alignment of various important factors.
Small merchants exert a big influence on the global economy.
Scaling digitization of payments for small and micro merchants by convening key stakeholders to co-create solutions.
Le Gouvernement ivoirien dévoile son nouveau guide d’orientation pour stimuler les paiements marchands digitaux de manière responsable, l’inclusion financièrej et la croissance
As the tragic human costs of COVID-19 mount, the need for practical, scalable, quick and effective solutions is urgent. Now more than ever, it’s time to put digital payments to work.
Kenya’s “Digital Economy Blueprint” provides a conceptual framework for setting up a successful digital economy in the country. The document identifies and explores five pillars of focus and is relevant for our work not just in Kenya but across Africa.
This CG Dev paper, by Professor Njuguna Ndung’u, shows how M-Pesa’s success has led to a series of endogenous innovations that have shaped Kenya’s digital space. It outlines several important challenges that Kenya will need to address in order to further consolidate its success, including connectivity issues, digital ID, interoperability and consumer protection.
The latest Financial Access 2019 survey shows that around 83% of Kenyans now have a formal account. Cost remains the main barrier for uptake. More Kenyans now save on their mobile phones (54%) than informally.
This World Bank discussion paper argues that digital payments, along with other policies and tools, can help extend pension coverage to the informal sector in Africa. It also features case studies from 5 Alliance members namely Kenya, Rwanda, Benin, Ghana, and Uganda.
Blockchain Series: Blog 4
Communiqué de presse de l’Agence de la Couverture Maladie Universelle du Sénégal (ACMU)…
This paper provides examples of how digitization in Kenya has supported the economy via a retail electronic payments system, financial inclusion, increased financial sector vibrancy, and pushed GDP growth with it.
The paper outlines potential for growth for FinTech for financial inclusion while emphasising on the need for regulatory approaches , citing some successful cases from India , Kenya and China.
Interview with Felipe Vásquez de Velasco, General Manager of Peruvian Digital Payments (PDP)
This blog was originally published on BSR.org…
A third of adults struggle to get by without basic financial services to protect against hardship and save for the future. Ruth Goodwin-Groen, of the UN-based Better Than Cash Alliance, expl…
A roundup of our latest reports and case studies