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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How has Colombia provided digital financial transfers to nearly 3 million households severely affected by the pandemic? What steps has the government taken to reach over 1 million households, who are first-time users of mobile money?
Opening new payment gateways for merchants presents risks but much greater opportunities. Striking the right balance between fostering innovative services and managing risk is crucial.
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 Felipe Vásquez de Velasco, General Manager of Peruvian Digital Payments (PDP)…
The government joins the United Nations-based alliance of governments, companies and international organizations that works to accelerate the move toward digitization of payments…
The Better Than Cash Alliance recently held a live webinar with key players behind the launch of Peru’s new mobile wallet. “Bim” is the first product of Modelo Perú, which plans to bring dig…
By Jeffrey Bower, Digital Finance Specialist, Better Than Cash Alliance …
This is the second 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.
Development Research Group When the Better Than Cash Alliance (BTCA) was formed almost three years ago, about half of the world’s adult population had some type of bank account. Last week th…
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…
Building an inclusive financial ecosystem is critical to accelerating the shift away from cash in Colombia and Latin America…
Guest post by Alicia Rendon Contro, Grupo Bimbo…
The Better Than Cash Alliance supports a unique initiative of the Peruvian Banker’s Association (ASBANC) that brings together banks and major telecom operators…
The Better Than Cash Alliance, hosted by UNCDF, gathered with colleagues at the Consultative Group to Assist the Poor (CGAP) Council of Governors Annual Meeting last month in Urubamba, Peru….
These phones can be used to receive and transfer money through an electronic banking solution called mVISA, provided by the Bank of Kigali.
This is one in a series of case studies that was made possible by a grant from the Government of the United Kingdom’s DFID to the CGAP in support of the work of the Better Than Cash Alliance.
This focus note reviews early lessons for NGOs from the field. It explores three central questions: Does initial evidence support the notion that mobile money is a cheaper, faster, and more …