International remittances are defined as cross-border, person-to-person payments of relatively low value that are typically recurrent. Remittance flows are highly relevant to economic development and to...
The World Bank has been leading the Electronic Payment Acceptance (EPA) working group, as part of its work on the Financial Inclusion Global Initiative (FIGI). The objective of this working group is to...
The methodology detailed in this Guide includes two components: (1) qualitative analysis and (2) quantitative analysis (Figure 1). There are advantages and disadvantages of these two approaches. For example...
The electronic-payment landscape experienced its biggest transformational shift over the past decade, driven by the emergence of new, innovative, and consumer-centric solutions that are not only remarkably...
The Coronavirus (COVID‑19) pandemic has highlighted the crucial role played by international remittances in building resilience during times of crisis. As national lockdowns and border controls took effect...
The World Bank Group reiterated its commitment during the 2015 Spring Meetings, along with the announcement of the commitments made by the private sector to universal financial access (UFA), including...
This study provides an early assessment of the impact of Coronavirus (COVID-19) on e-commerce platforms and digital financial services, identifying the opportunities, good practices, and key challenges...
Reforms in the area of retail payments are becoming increasingly important. Given the nature of retail payment systems and the structure of the retail payments industry, there are multiple challenges and...
Governments, regardless of their country’s stage of economic development, make payments to, and collect payments from individuals and businesses. Financial resources are also transferred between the various...