Peer learning exchange on fintech solutions held between India and Better Than Cash Alliance
Part of: GS Prelims and GS-II – International Relations & GS-III – Digital economy
In news
Recently, India and UN-Based Better Than Cash Alliance organized a joint Peer learning exchange on fintech solutions for responsible digital payments at the last mile.
Important value addition
Better Than Cash Alliance
It is based at the United Nations.
Created in: 2012.
Launched by: United Nations Capital Development Fund, the United States Agency for International Development, the Bill & Melinda Gates Foundation, Citigroup, the Ford Foundation, the Omidyar Network, and Visa Inc.
It is a partnership of governments, companies and international organizations that accelerates the transition from cash to responsible digital payments.
The Alliance has 75 members which are committed to digitizing payments.
The Alliance Secretariat works to digitize payments by – Providing advisory services based on their priorities; Sharing action-oriented research and fostering peer learning on responsible practices; Conducting advocacy at national, regional and global level.
