This report aims to deepen the understanding of barriers to and incentives for the acceptance and use of electronic payments, from the perspective of micro, small and medium retailers (merchants). Developing and accelerating acceptance of electronic payments by these merchants is essential to...

This report is based on a study of the costs and savings of retail payments in Albania using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank's Payment Systems Development Group, part of the Financial Inclusion, Infrastructure, and Access at the...

Somalia's economy grew by 2.3 percent in 2017. The economy remains vulnerable to recurrent shocks. Between 2013 and 2017, real annual GDP growth averaged 2.5 percent. Growth occurred despite adverse weather conditions that severely reduced agricultural output in late 2016 and early 2017. For...

The report discusses key policy issues that enable and constrain digital savings market development and offers policy considerations within the context of the G20's High-Level Principles for Digital Financial Inclusion. Based on current market observations, three policy considerations seem most...

The main objective of this technical note is to evaluate the institutional and implementation framework needed for strengthening payment systems as a core element of delivering social protection and labor (SPL) benefits to the poor, around which targeting, identification and monitoring systems...

The World Bank has been supporting the Ministry of Labor, Invalids, and Social Affairs (MOLISA) in their efforts to bring about reforms in the administration and efficient delivery of social security programs. Several countries have been using technological advances in banking as well as...

This report aims to present the rationale for digitization of agribusiness payments in Sub-Saharan Africa (SSA), assess the current status of digitization using demand and supply-side data, and identify key actions that can help accelerate digitization. The report draws on an analysis of...

This report aims to present the rationale for digitization of agribusiness payments in Sub-Saharan Africa (SSA), assess the current status of digitization using demand and supply-side data, and identify key actions that can help accelerate digitization. The report draws on an analysis of...

This report discusses strengthening the provision of payment services in the countries of the Middle East and North Africa (MENA) region as an essential step to integrate their economies into the world of 'digital finance and digital economy' and to support economic development. The report...

Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not kept pace with the intensive modernization that has characterized domestic payment services...