Based on the experience and regulations of other countries, such as the United Kingdom, Singapore, and Brazil, Decree 1692 of 2020 sets a new architecture for the low value payment system in Colombia. It adds objectives and principles for the operation…
The Covid-19 pandemic made evident the situation of exclusion to digital financial services that characterises El Salvador. The government faced this problem in its first year in office. Food delivery services increased, but only with the use of cash…
The financial landscape of Bangladesh has been rapidly transforming, driven by deeper forces: i) the adoption of financial technology led by the omnipresence of the internet and availability of power; ii) opportunities created by the demographic dividend…
Central bank digital currencies (CBDC) and stablecoins captured the headlines in 2020, with central banks ramping up their research and pilot projects and the first issuance of a retail CBDC. What sort of developments can we expect in 2021? CBPN caught…
As a global network with more than six decades of experience building inclusive digital ecosystems, Visa understands that creating the conditions for sustainable growth at scale is a shared responsibility of the public and private sectors. That is why…
Chasing excluded populations that don’t have access to financial services, which add up to around 60% of adult population, is considered to be crucial in addressing the heavily cash reliant economy in Albania and an important key to unlocking opportunities…
Nigeria is acknowledged as a major economic force within Africa, and also an active player in the global economy. To participate actively therefore, her payments system must be credible, reliable and efficient, and successfully benchmarked against the…
The Payments Association of South Africa’s Maurits Pretorius and Vinu Thomas detail the rapid growth of digital payments in South Africa and make the case for a cash-lite society
Sharoon Rasheed and Rehman Pervez from the State Bank of Pakistan’s Payment Systems Department provide an update on the exciting new developments transforming Pakistan’s payments landscape
The development and implementation of safe and efficient national payments systems is an integral component of the World Bank Group’s (WBG) work to reduce poverty and boost shared prosperity. The National Payments System (NPS) is the underlying foundation…
