Government-to-person (G2P) payments have never been more important, as governments worldwide seek for ways to respond to the economic and social consequences of the COVID-19 pandemic. The challenge of making these massive payouts to the poor and informal sector workers is highlighting the differences between the G2P payment ecosystems across countries.
Tag: digital ecosystem
COVID-19: How Countries Can Use Digital Payments for Better, Quicker Cash Transfers
The COVID-19 response amounts to a significant expansion in the scale and scope of direct cash transfers as well as other social assistance—a huge increase in government-to-people (G2P) payments. As we explain in our new report, delivering on these programs will require an enormous increase in the capacity of states to implement them.