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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Women need confidential and easily accessible financial services as well as control over their finances, and electronic payments bring these features to financial products.
Digital payments can promote broader development goals of the G20 countries, according to a new report by the World Bank Development Research Group.
700 million new accounts since 2011: The World Bank’s 2014 Global Findex findings
A new report by the World Bank, the Better Than Cash Alliance, the Bill & Melinda Gates Foundation and Women’s World Banking provides insights on how digital financial services can help close the gender gap.
A new Better Than Cash Alliance and World Bank paper outlines factors for the financial exclusion of the elderly and explores how digital financial technology can help governments better prepare for global aging challenges.
The Alliance contributed to the launch of Peru’s new mobile payment system, Bim, which plans to bring digital payments to 5 million Peruvians over 5 years.
This International Women’s day, we reflect on members’ progress towards the vital goal of reaching financial equality for women.
How will digitization of merchant payments improve women’s financial inclusion and economic resilience?
International Women’s Day Edition
In this edition of the newsletter, we applaud the leadership of Alliance members in the Philippines, Ghana and India who are ensuring that women can gain economic independence through digitization.
Good news ahead of the World Humanitarian Summit
This International Women’s Day, Marks & Spencer (M&S) is joining our Alliance to help advance the Sustainable Development Goals.
Banks are closing MTO accounts as risks increase amid a shifting regulatory environment.
Grupo Bimbo, the world’s largest baking company, announced that it will strengthen its commitment to digitize traditional small shops in Mexico.
Alliance’s work in action
The economies of Latin America and the Caribbean have been severely affected by COVID-19, with a regional GDP contraction of 6.7%** according to the World Bank.
These phones can be used to receive and transfer money through an electronic banking solution called mVISA, provided by the Bank of Kigali.
The Alliance and the Gates Foundation propose digital financial services as a means for this growth to be broad-based and inclusive, especially for to women.
Improving access to healthcare and decent work, reaching farmers, including merchants, equal opportunities for women and much more, through responsibly digitizing payments.
In a new compendium, we share some really exciting evidence on this from around the world.