29 March 2024

Payment Innovations and Risks in South Asia

In South Asia, the payment landscape has transformed due to the rise of smartphones and mobile apps. This has fueled a boom in digital transactions, spanning mobile money, mobile financial services , instant payment systems, and cross-border remittances.

This report identifies payment innovations, assesses associated risks, and aims to create a safe, inclusive payment ecosystem to meet the region's financial inclusion goals.


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