Transparency and security

Beyond Cash: Incentivizing Merchant Acceptance in India

The report attempts to understand, for India, the factors that drive awareness and interest among current non-users of digital payments, analyze the experience of existing users and identify potential strategies to spur the adoption of digital payments among these consumers and merchants

Visa Delivers the Benefits of Electronic Payments to the Trucking Industry in Brazil

In Brazil, the trucking industry has relied on a paper-based “freight letter” system for paying truck drivers’ salaries. Aside from operational inefficiencies, this method subjected cargo co…

Instant Secure Mobile Payment Scheme

The paper proposes a new communication network, Speed PAy, that jointly connects the banks together and allows the customers to process all kind of transactions with the use of their cell phones and without the need for a new SIM.

Assessing risk in digital payments (Gates)

Since digital payments form the foundation for digital financial services, an approach to managing and regulating their risk is the first step. Significant literature exists that outlines th…

The Impact of Electronic Payments on Economic Growth (2016)

The study provides emperical evidence of how the expansion of electronic payments has a significant, positive effect on future economic growth.

Making Electronic Payments Work for Humanitarian Response

This paper analyzes how existing Digital Financial Services initiatives can better align to support humanitarian response, and uses a framework for comprehensively considering e-payment preparedness. Central African Republic, Pakistan, Nigeria, the Philippines, Somalia, and Yemen have been evaluated as per the framework.

Liberian Teacher ePayments: Stepping Stones to Inclusion

This blog, focussing on case of Liberia, discusses how digital payments are improving government service delivery and leading to higher take-home pay and improved transparency.

Global Landscape Study on Digitizing P2G Payments

The paper covers in-depth analyses of how digitizing P2G payments help drive the financial inclusion of poor consumers and identifies some critical factors to develop an efficient and inclusive payment system.

Handbook of blockchain, digital finance, and inclusion: cryptocurrency, fintech, insurtech, regulation, Chinatech, mobile security, and distributed ledger

The handbook emphasizes the financial opportunities made possible by digital banking, such as financial inclusion and impact investing and summaries standard models of various new technologies.

Security perception in the adoption of digital payments

This paper looks at the impact of security perceptions on the adoption of digital payments and finds that financial service providers (FSPs) should carefully consider risk and trust issues to enable uptake. They should also use tailored promotional strategies to cater to different genders.

Emerging trends in managing payment fraud

Based on surveys from 566 business leaders, a new VISA report finds that the top 3 (payments-related) fraud concerns are ID verification, data privacy, and transaction monitoring. It calls for taking a more holistic approach to fraud management which involves a mix of new technologies and new skills.

Federal Reserve strategies for improving the US payment system

India's Progress Towards Cashless Economy-An Assessment

The study attempts to assess and report the progress made by the Reserve Bank of India in moving towards the ‘Cashless’ economy during the period 2004-05 to 2014-15.

Can electronic tax invoicing improve tax compliance?

This paper defines Republic of Korea’s motivation for Electronic Tax Invoicing (ETI), the implementation process, the legal and regulatory regimes, lessons learned, and future challenges for tax policy makers and tax authorities in developing countries.

A Public-Private Partnership to Digitize Bus Fares in Rwanda

This CGAP blog dicsusses the successful cases of public-private partnerships to drive various digitiziation initiatives in Rwanda. One of those being ‘Rwanda Online’, which has brought 100 government services online over a period of three years and the digitization of bus fare payments in the same.

Digital Finance and Innovations in Financing Education

The working paper discusses critical challenges in education finance and the innovations in digital finance, which plays an important role on the Sustainable Development Goal for education.

The March Towards Digital Money: Bringing The Underbanked In From The Cold

This report provides insights from the Digital Money Index, which tracks the development of digital money readiness in 84 countries. It shows a 5.5% improvement in overall digital money readiness over the last five years.

An Introduction to Digital Financial Services (DFS)

Digital Financial Services (DFS) is a relatively new, low-cost means of digital access to transactional financial services. Often termed ‘mobile money’ or ‘mobile financial services,’ DFS is…

Mobile Money and Financial Inclusion in the Papua New Guinea Resource Regions

This study investigates whether strengthening mobile money ecosystems around PNG’s resource regions can improve the distribution of compensation and benefits payments for local communities; Enhance social license for resources companies; and catalyze financial inclusion efforts.