Wage payments

China cashing out as mobile payment soars (AFP)

Accelerating Financial Inclusion in South-East Asia with Digital Finance

Focussing on women, and micro, small, and medium enterprises (MSMEs), the paper highlights that digital financial solutions could play a significant part in closing gaps in financial inclusion and povides insights from Indonesia, Philippines, Cambodia, and Myanmar.

Alipay, WeChat Near $3 Trillion

UN Report: Social Network Payments Now Reach Nearly US$3 Trillion in China

UN report: Social network payments now reach nearly US $3 trillion in China

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…

Digitizing Wage Payments in Bangladesh’s Garment Production Sector

This report is the first of its kind to document key data points on the costs and benefits of wage digitization from a factory perspective.

Why Women Workers and Managers Prefer Electronic Wage Payments in Bangladesh

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…

Mobile payments and financial inclusion: Kenya, Brazil, and India as Case Studies

This paper considers the impact of the regulatory environment on mobile payments as a channel for delivering inclusive financial services using Kenya, Brazil and India as case studies.

Country Diagnostic: Bangladesh

This Diagnostic Report shows Bangladesh is making significant strides toward a digital economy, and outlines specific policy measures that can underpin further digitization of payments into the future.

Afghanistan: Moving police salary payments to mobile accounts

Guest Post By the Treasury General Directorate, Ministry of Finance, Government of Afghanistan …

Mobile Financial Services In Bangladesh

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.

Inclusive Growth Through Branchless Banking: A Review of Agent Banking and Its Impact

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

Can India Post rise up to the digital payments and financial inclusion challenge?

On 19 August 2015, the Reserve Bank of India approved licenses for eleven institutions to set up payment banks. The purpose was to have these banks further financial inclusion by providing small savings accounts and payment / remittance services to, “migrant labour workforce, low income households, small businesses, other unorganised sector entities and other users.”

Pakistan Plans to Bring Millions More Citizens into the Economy by Digitizing Payments

Government of Pakistan joins the United Nations’ Better Than Cash Alliance to create inclusive economic growth and a more efficient market structure…

Country Diagnostic: The Philippines

This Better Than Cash Alliance diagnostic estimates that Filipinos make about 2.5 billion payments per month, or roughly 64 monthly payments per adult, corresponding to a monthly value of over US$74 billion.

Shifting from cash in the midst of crisis: Electronic transfers in the Democratic Republic of Congo

There is growing consensus in the humanitarian community that cash (digital or physical) – as opposed to delivery of food and materials – is often the best way to help communities bounce bac…

Leveraging Public-Private Partnership in the Philipines for Digital Financial Inclusion

His Excellency Jose L. Cuisia Jr., Ambassador of the Republic of the Philippines to the United States of America, and Mr. Paolo Eugenio Baltao, President, G-Xchange (a subsidiary of Globe Te…

An Overview of the G2P Payments Sector in Pakistan

Aadhaar: Digital Inclusion and Public Services in India

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 biome…