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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COVID-19 is causing unprecedented health, economic and social crises and threatens the poverty and inclusion gains that have been made over the last decade.
Dhaka, November 20, 2019 - Media release by Government of Bangladesh: Building on what has been achieved so far, the government and the private sector have committed to working together to solve the challenges in ensuring all garment factories pay their workers digitally. The decision came from the Bangladesh Digital Wages Summit, which convened on 20 November in Dhaka.
Media release by the Government of Senegal, the Better Than Cash Alliance and MM4P
New data gathered from the Higg Index from 3,000 factories in 58 countries
This blog was originally published on The Practitioner Hub for Inclusive Business
Leading apparel companies have collaborated with each other on the BSR Herfinance program to improve worker well-being through payroll digitization.
Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses
H&M group becomes the first global fashion brand to join the United Nations’ Better Than Cash Alliance
Payday can be an ordeal for women garment workers in Bangladesh. Often, they must wait in long lines, carry wads of cash through crowded streets, or encounter a mother-in-law demanding money.
By using digital payments to pay Ebola response workers, Sierra Leone massively cut payment times, avoiding large-scale strikes and ensuring a stable workforce to defeat Ebola. Sierra Leone’s experience shows the critical importance of preparing early for digital payments before crises hit.
Through an interpretive case study of the Benazir Income Support Programme (BISP) in Pakistan, the paper investigates how the adoption of mobile phones enabled and constrained poor women for receiving G2P payments and its impact on poor households.
The Opportunities of Digitizing Payments
Better Than Cash Alliance welcomes The Coca-Cola Company as its member
The Better Than Cash Alliance (BTCA) is supporting the United Nations Development Programme’s (UNDP) work with the authorities in Guinea, Liberia, and Sierra Leone to coordinate payments for thousands of treatment centre staff, lab technicians, contacts tracers and burial teams.
The Better Than Cash Alliance supports a unique initiative of the Peruvian Banker’s Association (ASBANC) that brings together banks and major telecom operators
Earlier this year, we shared the story of the World Food Programme (WFP) introducing cash transfers on mobile phones at the Gihembe refugee camp in northern Rwanda.
Unlocking the Potential
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.
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