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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A report by USAID
A report by Pacific Financial Inclusion Programme (PFIP)
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.
Aadhaar, India’s program to provide a unique identity number for every resident, is the largest biometric identification program in the world. Launched in 2008, the program has created biometric identities for over 940 million people, and aims to create them for 1.2 billion people by June 2016.
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 of Peru; Dr. Mauricio Cárdenas, Minister of Finance, Republic of Colombia; and Florencio B. Abad, Secretary of Budget and Management, Republic of the Philippines.
Budget Under-Secretary Richard Bon Moya knew he was being ambitious. The goal was to shift all the financial transactions of the Filipino Government to a digital format—and to do it in five years. Most countries attempting such a feat had taken seven to 10 years. But there was one that had managed a quick, relatively seamless transition: Kenya.
Development Results Focused Research Program
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 its payments.
This is the third in a series of articles written by Maura Hart on the achievements of several Better Than Cash Alliance members. These highlights capture the innovative work by governments, businesses and development organizations to fulfill their commitment to transition from cash to digital payments.
The study is aimed at determine Role of E-procurement strategies in enhancing procurement performance in state corporations in Kenya with reference to Kenya Revenue Authority.
Development Results Focused Research Program, Country Diagnostic: Nigeria
This article argues that financial regulators must first work to understand and build consumer demand for DFS rather than purely focusing on developing enabling regulatory frameworks.
The paper explores the opportunities to overcome barriers to financial access in Bangladesh through branchless banking and emphasis that financial inclusion and inclusive growth could be advanced through existing work by Bangladesh bank on favorable agent banking policies
This editorial highlights the significance of digital money as a transformational innovation and emphasizes that banks and financial institutions need to develop strategies to respond to opportunities and threats of digital money.
Through an extensive literature review, the paper provides evidence about role of mobile banking as well as branchless banking is significant for women entrepreneur’s empowerment, especially for financially including them.
The report provides an overview of the MFS progress in Bangladesh and discusses how selection of staff and beneficiaries from USAID agriculture and health projects are using both traditional and mobile financial services.
This report outlines how mobile channels can support sanitation services delivery while building new engagement models and emphasizes the need of a collaborative approach to mobile technology integration, grant support for developing and piloting.
This brief explains how digital finance is enabling PAYG energy expansion, which in turn provides a gateway to a range of financial products for the financially excluded.