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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Please find the most recent fact sheets on the Better Than Cash Alliance:
Empowering People One Transaction at a Time: Leading Corporations, Foundations and Development Organizations Form “Better Than Cash Alliance” to Accelerate Global Shift to Electronic Payments
Digital initiative aimed at helping world’s poor
In wealthy countries, most people conduct their financial activity in digital form; money and value is stored virtually and transferred instantaneously with a touch of a button, and the system provides an easy access to a wide-range of financial services. In contrast, most poor households operate almost entirely in the informal economy, using cash, physical assets (e.g. jewelry and livestock), or informal institutions to meet their financial needs.
VISA JOINS GLOBAL LEADERS IN NEW PARTNERSHIP TO PROMOTE ELECTRONIC PAYMENTS AND IMPROVE LIVES By: Doug Michelman Today, Visa joins with six partners from government, the private sector and the international development community to launch the Better Than Cash Alliance. Working together with our other founding members – the United Nations Capital Development Fund, the U.S.
Leading Corporations, Foundations and Development Organizations Form ‘Better Than Cash Alliance’
Initiative Launched to Accelerate Global Shift to Electronic Payments for the Poor
“We are excited to be joining our partners in announcing the Better than Cash Alliance today. Committed to moving the global community onto electronic payments in place of physical cash, the Alliance will help the world’s poorest families join the modern economy and realize the benefits of a more transparent, inclusive, cash-light world. I’m optimistic that this Alliance will help usher in a new era of opportunity for some of the most vulnerable people on earth.”
The Better Than Cash Alliance Is Out to Create a “Cash Lite” World
Aquino Admin Says ‘Digitisation’ a Priority Goal
Alliance Accelerates Work to Transition from Cash to Electronic Payments Worldwide
This week, Citi helped to launch the Better Than Cash Alliance, a coalition of public, private and NGO partners that will call on governments, the development community and the private sector to adopt the use of electronic payments for programs that support the underbanked — and provide resources to those who commit to make the transition.
2012 the Better Than Cash Alliance was launched at an event at the Ford Foundation in New York.
Around the world, 2.5 billion people lack access to formal financial services.