A Cash-Lite World of Safe, Cheap and Convenient Payments for All
University of Oxford; Tufts University
January 1, 2012
This paper puts a spotlight on the importance of promoting ubiquitous digital retail payments in emerging markets. Moving people from cash onto a safer, cheaper and more convenient payments fabric should be an important enabler for economic growth and business cohesion. We term our vision LiFi – one where people can manage their liquidity and payments with a high degree of fidelity and low cost.
Number of Pages in PDF File: 4
Keywords: mobile payments, electronic payments, financial inclusion, access to finance, microfinance, mobile phones, digital paymentsworking papers series
Date posted: January 2, 2012 ; Last revised: December 10, 2012
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