Now reading: Is there a case for for-purpose remittances?

Remittances


Cross-border and domestic money transfers play a critical role in the financial strategies of low-income households and present many opportunities to extend financial inclusion.

Our extensive research on remittances spans sub-Saharan Africa and forms part of our dedicated programme on risk, remittances and integrity.

The Latest in Remittances

Is there a case for for-purpose remittances?
This report reveals the findings from our qualitative and quantitative research with remittance senders who live in the United Kingdom and send [...]
An analysis of ID proxy initiatives across the globe
BankservAfrica and Cenfri investigate the role of ID proxy initiatives in transforming payment ecosystems in Africa and beyond.   Real-time instant [...]
Diagnostic study of the Zambian payments system
This diagnostic study explores Zambia’s payments landscape and provides insight and key learnings as Zambia’s 2018 – 2022 payment strategy to [...]
The application of behavioural interventions
As we explore how behavioural science can narrow the gap between customer intention and customer action, we have started to look at examples from [...]
Central bank digital currency (CBDC) and financial inclusion
What can CBDC do for emerging markets: a case for mobile money Central banks have started to actively explore central bank digital currency (CBDC) [...]
Four things we learned at the 2019 Seamless Southern Africa Conference
Understanding the state of digital payments in sub-Saharan Africa. The Seamless Southern Africa conference took place in Cape Town, South Africa, [...]
The evolution of agent networks in Africa
Case study: Kenya The majority of mobile-money flows continue to be dominated by cash-in and cash-out (CICO) transactions. This has led to the [...]
Payment systems in sub-Saharan Africa
This two-part note series explores the state of national and regional payment systems in sub-Saharan Africa (SSA). Note 1 explores themes and [...]
Tipping the scale in favour of payment systems in sub-Saharan Africa (SSA)
For a moment, cast your mind back over the last week. How many payments did you make with your credit card during the week? The answer is most likely [...]
Where are the flows? Exploring barriers to remittances in sub-Saharan Africa
Remittance flows represent an increasingly important source of income for sub-Saharan Africa (SSA). Between 2012 and 2015, formal flows steadily grew [...]