Digital cash

Digital payments in Latin America have rapidly replaced cash – driven by innovation, interoperability, and policy – delivering gains in convenience, financial inclusion, efficiency, and growth, while raising complex challenges around informality and regulation.

Digital cash transfers can be delivered even in active conflict settings like Sudan and can significantly protect vulnerable households – especially in the most insecure areas – from worsening food insecurity, though their impacts vary by context and...

Women in Mexico who switched to digital cash transfers face higher costs and time accessing payments but gain bargaining power. Improving ATM access, reducing fees, providing timely information on the date of transfers and boosting financial literacy...