Technical Guide

  • The main purpose of this report is therefore to discuss access-to-payment-infrastructures issues around the world, and how these can affect the development of safe, efficient, interoperable and financially inclusive payment services.
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  • This report examines the impact of electronic B2B payments on the development of the DFSs ecosystem in developing countries. We look at the requirements of businesses, at the benefits of using electronic payments, and the trends affecting this market. In a section called “Second Order Benefits”, we look at how the use of electronic B2B payments may accelerate the adoption of eMoney and electronic payments in general. We conclude with recognizing some of the barriers to adoption of B2B payments, and outlining some considerations for policy makers.
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  • Government-to-person (G2P) and employer-to-person payments of all sorts, often referred to as “bulk payments”, are seen by many as key enablers for the growth of the digital financial services (DFSs) ecosystem. In this paper, we examine ways in which bulk payments have been made in the past and look at ways in which this has improved over recent years. We also analyse the remaining challenges which have stymied bulk payment rollouts in many countries. We then look forward and anticipate ways in which bulk payments may be made in cases where the infrastructure has developed to a point where digital transaction accounts are pervasive, a biometric national ID system is in place, and interoperability among DFSs providers is common. We propose a model of how bulk payments might be made when those conditions are met. Finally, we take a look at three countries: India, Nigeria, and Peru, which all show particular promise of developing in these directions.
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  • This glossary is a compilation of terms commonly used in the area of digital financial services and an explanation of what these terms mean. The terms are grouped by category, rather than alphabetically, into 7 main categories.
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  • The report provides insights and concepts shared by vendors and customers of DFS platforms who participated in the ITU Focus Group Digital Financial Services. This report captures all the functions, features and access options required to deploy and manage a mobile money ecosystem. It defines how potential interoperability can be supported – both with third parties and other mobile money operators. It also provides a reference modular architecture that supports the creation of complex account structures and services.
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  • This Technical Report to the ITU-T Focus Group on Digital Financial Services (DFS) presents an overview of the current and projected state of digital identity and authentication, as it applies to the DFS sector. It is intended to be read in the context of Recommendations ITU-T X.1252, ITU-T X.1253, and ITU-T X.1254, which address the wider issues around the management of identity in data networks. The paper briefly explores the relationship between legal and digital identities.
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  • eMoney is part of a much larger solution with broad benefits, such as subsidy programs that improve food security. The justification for eMoney should not and does not need to rest on digital liquidity alone. What are the implications for strategists and policy makers?
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