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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The Mexican government is saving an estimated US$ 1.27 billion per year, or 3.3 percent of its total expenditure, on wages, pensions and social transfers. How? By digitizing and centralizing…
In looking at ways to bring financial services to the more than two billion people outside formal financial systems, often the focus has been on piecemeal efforts to improve specific element…
At the World Economic Forum Annual Meeting in Davos, Switzerland, this morning, the Better Than Cash Alliance hosted a roundtable discussion with Juan Jiménez Mayor, Prime Minister, Republic…
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.
The government joins the United Nations-based alliance of governments, companies and international organizations that works to accelerate the move toward digitization of payments…
Interview with Felipe Vásquez de Velasco, General Manager of Peruvian Digital Payments (PDP)
This Diagnostic Study shows that Peru has a powerful opportunity to drive financial inclusion and continue modernizing its economy through further reforms to support digitization of payments.
Using various global datasets, this study quantifies the effect of financial inclusion and digital payments on income and individual government tax revenues to be an additional $4.1 trillion in the world economy.
Interoperability drives global digital inclusion. Over 25% more adults access government payments, but siloed systems hinder seamless transactions.
Planning: Vision and commitment to make digital payments a national priority
By BTCA Communications Team…
Financial inclusion is a means to an end – or many ends – rather than an end in itself.
Insights from the 2023 HLPF expert roundtable
Ingreso Solidario is a COVID-19 social protection programme in Colombia benefitting 3 million households. It shows digital payments can be rapidly dispersed across multiple channels.
Prioritizing women, deepening digital infrastructure, designing for users, and building trust drive usage of digital financial services
This blog post was originally published in the Huffington Post…
This progress report compiles responses from a self-assessment survey conducted among both G20 and non-G20 countries, incorporating guidance from international standard-setting bodies. The aim is to produce a comprehensive summary highlighting key findings and suggesting potential next steps for the GPFI.
This paper explores economic informality and how it relates to digital financial inclusion. It focuses specifically on the potential role that digital financial services–including those accessed through mobile phones and the internet can play in encouraging businesses to formalize their operations.
Interview with Gustavo Vega, President of the clearing house ACH Colombia