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 new Better Than Cash Alliance and World Bank paper outlines factors for the financial exclusion of the elderly and explores how digital financial technology can help governments better prepare for global aging challenges.
In a new compendium, we share some really exciting evidence on this from around the world.
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Good news ahead of the World Humanitarian Summit
The Alliance contributed to the strategy, design and launch of Peru’s new mobile payment system, Bim, which plans to bring digital payments to five million Peruvians over the next five years.
The Tanzanian President, Finance Ministers and high level delegates from Peru, Indonesia, Colombia, the Philippines, Rwanda, Sierra Leone, Bangladesh, Belgium, and South Africa are leading SDG progress by digitizing payments and accelerating financial inclusion.
In becoming a Better than Cash Alliance member, Grupo Bimbo, the world’s largest baking company, announced that it will strengthen its commitment to digitize traditional small shops in Mexico.
Millions of Bangladeshis, especially women, will benefit from an ambitious commitment by the Government of Bangladesh to expand financial inclusion in line with its Digital Bangladesh Vision 2021.
Rwanda aims for 80% financial inclusion by joining the Better Than Cash Alliance.
Digital payments can promote broader development goals of the G20 countries, according to a new report by the World Bank Development Research Group.
These phones can be used to receive and transfer money through an electronic banking solution called mVISA, provided by the Bank of Kigali.