The Better Than Cash Alliance, launched in September 2012, is accelerating the move towards electronic payments, particularly mobile, in order to enhance efficiency, accountability and transparency. The governments of the Philippines, Afghanistan, Kenya, Peru and Colombia have made public commitments to achieving this shift. Internally, USAID has led the U.S. government by issuing an agency-wide order to move away from the use of cash and by working with our implementing partners to drive millions of dollars toward mobile payments.
USAID convened the founders of the Alliance, which include The Bill & Melinda Gates Foundation, Citi, Ford Foundation, Omidyar Network, U.N. Capital Development Fund (UNCDF) and Visa Inc. The Alliance will call on governments, the development community and the private sector to adopt the use of electronic payments for programs that support people living in poverty and provide resources to those who commit to make the transition.