The Digital Yuan or DCEP is having and will have tremendous importance, not only for…
Digital Payments
Handbook on Merchant Payments and Digital Financial Services
This handbook is designed for digital financial service providers wishing to build and manage merchant…
Win From Within: How Fintech Startups Can Grow by Building Value for Existing Users
The COVID-19 pandemic has altered the realities for inclusive fintech startups and the financially underserved…
Dirty Money: Does the Risk of Infectious Disease Lower Demand for Cash?
The coronavirus pandemic is a global crisis like no other in modern times, and there…
Achieving Development and Acceptance of an Open and Inclusive Digital Payments Infrastructure
This report was developed for financial inclusion policymakers and payment service regulators, this note proposes…
A Case Study in Interoperable Payments in Myanmar’s Microfinance Industry Part 1, 2 & 3
Modusbox collaborated with UNCDF Myanmar on a six-month-long interoperability project in Myanmar’s microfinance industry to demonstrate the…
QR Code Merchant Payments: A Growth Opportunity for Mobile Money Providers
The Global System for Mobile Communications (GSMA) compiled a report on QR code merchant payments…
Payment aspects of Financial Inclusion
The Committee on Payments and Market Infrastructures and the World Bank Group have issued the…
Policy Framework for Leveraging Digital Financial Services to Respond to Global Emergencies – Case of COVID-19
The global pandemic COVID-19 and the ensuing emergencies have reinforced the urgency of using Digital…
Payment facilities and Africa’s platform ecosystem: What does the data tell us?
Digital platforms, also known as multi-sided marketplaces, are seamlessly matching customers to suppliers of goods…
Digitizing Payments in the Time of COVID19 and Beyond
UNCDF organized this webinar to discuss how fast-tracking digital payments at a time of crisis…
Citizens and States: How Can Digital ID and Payments Improve State Capacity and Effectiveness?
In Bangladesh, a mother can now receive her child’s education scholarship through her mobile phone…
Shortage of Cash in Zimbabwe and its Impact on Digital Payments Adoption
Cash, also termed fiat currency, has always been a medium of exchange for trading and…
Navigating the Shift to Digital Humanitarian Assistance: Lessons from the International Rescue Commitee’s Experience
The objective of this case study is to understand the International Rescue Commitees’s (IRC) motivation…
Garment Workers Experience with Wage Digitization in Bangladesh
Microfinance Opportunities, in collaboration with the Social Performance Task Force, conducted research to understand the…
The end of cash: Why, when and how to flick the switch
Will the 21st century see the rise of a cashless society? The introduction of credit…
Principles for Digital Payments in Humanitarian Response
Cash transfers in humanitarian response can be leveraged to prioritize emergency needs first and, at…
Digital Identification & Finance Initiative Africa: An Overview of Research Opportunities
This white paper, provides a summary of the channels through which the knowledge and technological…
Libra – A New Digital Currency
Libra brings together a number of global organisations including Facebook, Visa, Mastercard, Uber, Women’s World…
Bangladesh: The Impact of Wage Digitalisation
This study measured the impact of wage digitization on the uptake of mobile money by…
Report of the High Level Committee on Deepening of Digital Payments
This report is based on the findings of the Reserve Bank of India committee, called…
Africa’s digital platforms and financial services: An eight-country overview
Explore i2i’s latest research on Digital Africa, the platform economy and associated financial services. This focus…
10 reasons to be optimistic that full financial inclusion is possible through digital payments
The past decade has seen great strides in building awareness of the global financial inclusion…
E-Transfer Implementation Guide
The E-transfer Implementation Guide was created for Mercy Corps team members considering – or already…
Report on Financial Inclusion Development in China 2018
CAFI, a Chinese think tank at Renmin University, publishes an annual review of financial inclusion…
Payment Systems Worldwide- A Snapshot 2018
Payment systems and remittances represent the foundations of financial sector stability and financial inclusion. Payment…
How can users begin to keep value digital, longer?
Customers keep value digital either with the intention of saving or for convenience. Beyond the financial inclusion…
ISO 20022 Consultation Paper: A Global Standard to Modernise UK Payments
The major UK payments systems are moving to the new global messaging standard for payments…
The Future of Digital Payments in Europe 2017
This White Paper provides an essential appraisal of the key trends in this rapidly developing marketplace, highlighting…
Digitising P2G Payments: A Global Landscape Study
At an estimated USD 8 trillion across the globe and USD 375 billion in lowand…
Distributed Ledger Technology And Opportunities In Correspondent Banking
Correspondent banking has evolved over the past 35 years, from automating telex processes amongst multiple…
Riding the Rails of Mobile Payments: Financial Inclusion, Mobile Phones, and Infrastructure
This chapter on riding the rails of mobile payments analyzes payments as both technical and…
Digital Payments 2020: The Making of a $500 Billion Ecosystem in India
The global payments landscape is evolving at a dizzying pace. The last twelve to eighteen…
A Western Diet with Chinese Spices – The Specificities of Payments in China
Overall, in China the payment system is less developed and electronic payment methods are less…
The Rise of FinTech in China Redefining Financial Services
A collaborative report from EY and DBS Bank shares lessons to be learned from the…
Digital Finance for All: Powering Inclusive Growth in Emerging Economies
A report from the McKinsey Global Institute (MGI), Digital finance for all: Powering inclusive growth in emerging economies,…
Digital Payments 2020: India
This paper by Boston Consulting Group and Google, explores the global digital payments revolution and…
The Challenges of Real-Time, Any-to-Any Payments
Imagine a world in which consumers have control over their money and are connected directly…
The digital battle that banks must win
One in three people in developed markets now carries a smartphone, and few doubt that…
Responsible Digital Payments Guidelines
The Better Than Cash Alliance ‘Responsible Digital Payments Guidelines’ identify eight good practices for engaging…
Going Cashless at the Point of Sale: Hits and Misses in Developed Countries
This paper by Ignacio Mas reviews some of the bigger failures and some of the…
Banking Through Networks of Retail Agents
Technology can enable banks and their customers to interact remotely in a trusted way through…
Business Primitives: Enabling Payment Lifecycles through Software
This paper by Ignacio Mas defines ‘business primitives’ as low-level operations from which higher-level, more…
Non-banks in Retail Payments
The Committee on Payments and Market Infrastructures (CPMI) has issued the report Non-banks in retail payments to…
Responsible Digital Payments Guidelines
The Better Than Cash Alliance ‘Responsible Digital Payments Guidelines‘ identify eight good practices for engaging…
Digital Payments Transformation From transactions to consumer interactions
This stage of connectivity is driving digital payments transformation – the migration of cash payments…
Enhancing the Growth of Plastic Cards in Kenya
Use of credit and debit cards in Kenya has grown substantially over the years with…
Modelo Perú: A Unique Approach to Financial Inclusion
Peru is well regarded internationally for having a well-developed formal financial sector. However, more than…
The Coming of Age of Digital Payments as a Field
This paper has three objectives. It lays out the key differences between a banking and…
Fertile Grounds for Mobile Money: Towards a Framework for Analyzing Enabling Environments
The potential of mobile phones to revolutionize access to financial services in developing countries is…
Financial Regulations for Improving Financial Inclusion
Poor regulation is one of the major obstacles to financial inclusion. Others include lack of…