Retail payments

The State Of Inclusive Instant Payment Systems In Africa

The report assesses the landscape of 32 instant payment systems in Africa, measuring their performance on criteria such as interoperability, use cases, channels, and governance.

Strengthening Digital Financial Inclusion in Government-to-Person Payments to Women: Lessons for Emerging Economies

This brief reviews the use of digital technology in G2P payments to women in India.

An Introduction to Digital Tax Payment Systems in Low- and Middle-Income Countries

The paper provides an overview of digital payment systems’ types, benefits, and challenges for tax collection in low- and middle-income countries (LMICs).

Guide to Data Sources For Financial Inclusion Research

This report introduces five global databases covering account ownership, payments, digital adoption, trust, and the digital gender gap. It suggests data gaps and indicators helpful in fostering evidence-based policymaking.

Instant Payments and Merchants— Pricing Policy Considerations

The paper explains the changes in pricing policy for instant payments compared to traditional card schemes and assesses their impact on market development.

Mobile Money and the importance of timely, complete payments to frontline health campaign workers in the fight to eradicate polio: pilot experience from a WHO digital payment platform in Africa

Promoting responsible digital wage payments

This ILO brief gives an overview of the different considerations to maximize the potential of digital wage payments.

Fintech Payments in Public Financial Management: Benefits and Risks

A review of the main fintech payment models and a debate on the operational and financial risks as well as challenges they face.

Analysing faster payment systems (FPS)

This report looks at various faster payment systems (FPS) in the world and analyze the speeds at which payments are processed and settled.

Digital payments make gains but cash remains

While the digitalization of payments is a global trend, payment habits still differ across countries. Interoperability of payment systems within and between countries is key to ensuring that payments can be made seamlessly.

Instant Payments: Regulatory Innovation and Payment Substitution Across Countries

This report analyzes the role of regulators in promoting instant payments and identifies instances of payment instrument substitution.

Sustaining digital payments growth: Winning models in emerging markets

An article by McKinsey that explores which digital payments models are best placed to gain momentum in emerging markets and what innovations may lie on the horizon.

Interlinking payment systems and the role of application programming interfaces: a framework for cross-border payments Report to the G20

Interlinking arrangements’ benefits, challenges and risks.

Inclusive distribution: advancing gender equality in the fast-moving consumer goods sector

This IFC and We-Fi learning brief introduces how gender equality can be advanced within the distribution activities of the FMCG sector.

"Can Digital G2P Transfers Drive Financial Inclusion and Digital Payments? Evidence from India"

This paper explores factors that have driven the adoption of digital payments in India by beneficiaries of PMGKY, the large-scale COVID-19 relief program.

Accelerating Digital Payments in Latin America and the Caribbean

The World Economic Forum and IDB Lab explore how digital payments in Latin America & the Caribbean can continue to evolve in an open, inclusive and safe manner.

Defining and Measuring Payment Interoperability

This WEF report explores how redefining and measuring the way digital payments interact with one another can help drive economic growth and financial inclusion.

Empowering Women Entrepreneurs in India’s Largest Retail Sector: USAID and Mastercard Partner for Small Business Acceleration

Project Kirana is currently training 3,000 women shop owners and managers in the cities of Lucknow and Kanpur.

Kenya's National Payments Strategy 2022-2025

The 2022-2025 strategy envisages a secure, fast, efficient and collaborative payments system that supports financial inclusion and innovations for all Kenyans.

Beneficiary Experience of Digital G2P Payments in Bangladesh, Colombia, and the Philippines

This IPA study from the Philippines, Colombia & Bangladesh explores consumers’ experience with digital G2P cash transfers during COVID-19.