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Cash Versus Cows (Part 2): What’s more scalable – cash transfers or in-kind transfers?
Successfully catapulting ultra-poor households over the extreme poverty line is incredibly hard work, and requires philanthropic capital and grant-based approaches. In this second part of a two-part series, BRAC’s Rod Dubitsky and Sadna Samaranayake pose a seemingly simple question: Is it better to give a cow or cash to seed sustainable livelihoods for the poorest-of-the-poor?
- Categories
- Agriculture
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G20 vows to reduce cost of transferring remittances to 5%
Taking concerns of India and other developing countries on board, the G20 today vowed to take "strong practical" measures to reduce the global average cost of transferring remittances to five per cent.
- Categories
- Uncategorized
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Taxi-hailing smartphone app Uber to launch mobile wallet in India
The taxi-hailing smartphone app Uber will launch a mobile wallet in India after its payment mechanism came under the RBI scanner for flouting the mandatory two-step verification on card transactions earlier this year.
- Categories
- Technology
- Region
- South Asia
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96% of mobile payment agents in Bangladesh are profitable, says MicroSave study
Ninety-six percent of mobile payment agents in Bangladesh are making profits, thanks to low operational costs, a testament to how popular the service has become in just a few years, according to a study.
- Categories
- Uncategorized
- Tags
- cash transfers
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Why mobile money is so tough to crack in South Africa
Mobile Money is proving to be a tough nut to crack. Here is why.
- Categories
- Uncategorized
- Tags
- cash transfers
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When It Comes to Cash Transfers, the Medium Matters: The pros and cons of delivering aid via cash, voucher or digital payment in two African programs
Mobile payments have some clear advantages over cash in the developing world, but they are not without limitations. Existing research points to lack of trust, inadequate marketing efforts and inhospitable regulatory frameworks as some of the key factors that limit the adoption of mobile financial services.
- Categories
- Technology
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Safaricom and Kenya Commercial Bank Partner to Counter Equity’s Mobile Money Plan
KENYA Commercial Bank has partnered with Safaricom to offer a new product that converges financial and communication services to take on Equity Bank's planned mobile virtual network operation business.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Five Ways to Make Electronic Delivery of Social Transfers Work for the Poor: Insights from CGAP’s recent Focus Note
Cash transfers are an increasingly popular tool to provide assistance to the poor, with nearly 174 million individuals in 43 countries receiving them. E-payments could improve the effectiveness of social transfers, but it’s very difficult to implement them effectively. A recent study conducted by Bankable Frontier Associates explores four programs on the cutting edge of designing and implementing e-payments in low-income settings.
- Categories
- Education
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