Around the world, 2.5 billion people lack access to formal financial services. As a result, most poor households live almost entirely in a cash economy. Read more >>
Tag archives for Better than cash
Is Cash the Enemy of the Poor?
In wealthy countries, most people conduct their financial activity in digital form; money and value is stored virtually and transferred instantaneously with a touch of a button, and the system provides an easy access to a wide-range of financial services. Read more>>
What’s Better than Cash?
As surprising as it may sound, physical cash can undercut many development objectives. From improving aid effectiveness to promoting transparency, cash gets in the way. Read more >>