Innovative Digital Payment Mechanisms Supporting Financial Inclusion Stocktaking Report

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The GPFI Markets and Payment Systems Subgroup requested the World Bank Group, the Better Than Cash Alliance and the Alliance for Financial Inclusion to provide an overview of those areas in the payments value chain where recent digital and business model innovations are opening up new possibilities, particularly in developing countries where the need for financial inclusion is the most acute. An analytical framework is suggested in the report, enabling the structured assessment of payment innovations supporting further supporting financial inclusion.