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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This paper explores how fintech can support expansion of market-based solutions for water, sanitation, and irrigation, identifying several use cases where fintech is already being used to address financial inclusion and access to water.
Responsible Finance Forum
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.
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
Alliance Accelerates Work to Transition from Cash to Electronic Payments Worldwide
2012 the Better Than Cash Alliance was launched at an event at the Ford Foundation in New York.
Government of Afghanistan Joins Better Than Cash Alliance — Pledges to Address Poverty and Grow Economy by Shifting to Electronic Payments
Economic Growth Report
ACDI/VOCA Joins the Better Than Cash Alliance — Pledges to Address Poverty and Grow the Economy by Shifting to Electronic Payments
Grameen Foundation Joins Better Than Cash Alliance; Pledges to Address Poverty by Shifting to Electronic Payments
Pledges to Improve Access to Finance and Markets for the Poor by Supporting Shift to Electronic Payments
Malawi Announces Commitment to Transition to Electronic Payments
$1.5 Million Grant Adds Momentum to Global Movement to Empower People and Grow Economies by Shifting from Cash to Electronic Payments
©
Grameen Foundation
©
Grameen Foundation
