Africa: Report Finds Many Developing Countries Not Ready for Digital Payments

[CGD] Washington -As governments across the globe begin to use direct transfers to get money to citizens unable to work, a new report from the Center for Global Development (CGD) finds that just 56% of citizens across 99 developing countries have access to a phone, a bank account, and an ID. Those three things, the researchers find, are the building blocks for the successful rollout of digital government transfers, from emergency cash transfers in a pandemic to everyday government programs like pensions and food subsidies.Read the Original Article