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 two-minute video from the United Nations-based Better Than Cash Alliance is about Romita, a widow in the North East of India who opened a bank account to receive a government loan for a power loom.
In this edition of the newsletter, we applaud the leadership of Alliance members in the Philippines, Ghana and India who are ensuring that women can gain economic independence through digitization.
New NBER paper finds that transferring money directly into women’s accounts and providing them financial training led to their increased participation in the labor force.
Columbia University paper finds that even when they are given the opportunity, many of India’s poor women opt out of actively engaging with the formal banking institutions. It finds that education is a significant determinant in shaping the financial decisions of India’s poor women.
Blockchain Series: Blog 4…
In a six-month pilot, mStar Project used awareness tools, local youth, and behavior change agents to teach women farmers how to use and gain trustin digital payments. 500 women were trained and 353 opened digital accounts.
A year and a half post demonetization, only about 5% of India’s ~60 million MSMEs own digital acceptance devices. This report provides a deeper context and recommendations on small business profiles, infrastructure, needs, behaviors, and perceptions.
New data gathered from the Higg Index from 3,000 factories in 58 countries…
As world leaders met at the U.N. General Assembly in New York last week, many discussions focused on how to ignite greater progress toward the Sustainable Development Goals (SDGs). Increasin…
This blog was originally published on The Practitioner Hub for Inclusive Business…
A third of adults struggle to get by without basic financial services to protect against hardship and save for the future. Ruth Goodwin-Groen, of the UN-based Better Than Cash Alliance, expl…
New report underscores benefits of shifting from cash to digital payments in corporate supply chains.
In India, the inability to prove one’s identity is one of the biggest barriers that prevents the poor from accessing benefits and subsidies. India is a country with 1.3 billion residents in …
A case study on three countries Sweden, United States and India is conducted to survey variations in costs for cash and card instruments in economies that have varying extents of cash in cir…
This blog post was originally published in the Huffington Post…
The paper presents detailed insights from 15 years of financial inclusion research to highlight the importance of fintech, including proposing product development ideas for Fintech players, to better serve developing world market.
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…
This report covers overview and constraints of setting up a social protection system for informal workers in Asia. It also includes interesting case studies of some Asian countries including Bangladesh, the People’s Republic of China (PRC), Indonesia, Pakistan, and the Philippines.
500 million Indian smartphone users in next 5 years: a huge market for digital payments