Better Than Cash Alliance

The Better Than Cash Alliance is a global partnership of 75 governments, companies, and international organizations that accelerates the transition from cash to digital payments in order to reduce poverty and drive inclusive growth.

Better Than Cash Alliance
Better Than Cash Alliance logo.png
FormationSeptember 2012
TypeGlobal partnership
PurposeAccelerate the transition from cash to digital payments
75 members
Managing director
Ruth Goodwin-Groen


The Better Than Cash Alliance was created in September 2012. It was launched by the United Nations Capital Development Fund, the United States Agency for International Development, the Bill & Melinda Gates Foundation, Citigroup, the Ford Foundation, the Omidyar Network, and Visa Inc.. By the time it launched, the program was already being rolled out in Peru, Kenya, Colombia, and the Philippines.[1][2]

A 2017 study conducted by the Better Than Cash Alliance revealed that Alipay and WeChat Pay processed $2.9 trillion in digital payments in China in 2016.[3]


Based at the UN, the Alliance has over 50 members, works closely with other global organizations, and is an implementing partner for the G20 Global Partnership for Financial Inclusion.

The Better Than Cash Alliance partners with governments, companies, and international organizations that are the key drivers behind the transition to make digital payments widely available by:

  1. Advocating for the transition from cash to digital payments in a way that advances financial inclusion and promotes responsible digital finance.
  2. Conducting Research and sharing the experiences of our members to inform strategies for making the transition.
  3. Catalyzing the development of inclusive digital payments ecosystems in member countries to reduce costs, increase transparency, advance financial inclusion– particularly for women– and drive inclusive growth.

The Alliance is funded by the Bill and Melinda Gates Foundation, Citi, MasterCard, Omidyar Network, USAID, and Visa Inc. The United Nations Capital Development Fund serves as the secretariat.[4]


Type Name Since Note
Governments[5]   Afghanistan
  Dominican Republic
  Mexico 2016 [6]
  Papua New Guinea
  Sierra Leone
International Organizations[7] ACDI/VOCA
Catholic Relief Services
Chemonics International
Clinton Development Initiative
Concern Worldwide
European Bank for Reconstruction and Development
Grameen Foundation
Inter-American Development Bank
International Rescue Committee
Mercy Corps
Save the Children
International Fund for Agricultural Development (IFAD)
United Nations Development Programme (UNDP)
United Nations Population Fund (UNFPA)
Universal Postal Union
United Nations Secretariat
Women's World Banking
World Food Programme
World Savings Banks Institute
Companies[8] Gap inc.
Grupo Bimbo
Marks & Spencer
Mastercard 2013 [9]
The Coca-Cola Company
World Cocoa Foundation


  • Managing director: Ruth Goodwin-Groen


  1. ^ "Digital initiative aimed at helping world's poor". 19 September 2012. Retrieved 25 September 2019.
  2. ^ "Better Than Cash Alliance". 24 September 2012. Retrieved 25 September 2019.
  3. ^ "Alipay and WeChat near $3 trillion payments milestone". 20 April 2017. Retrieved 25 September 2019.
  4. ^ "About". Better Than Cash Alliance. Retrieved 9 February 2017.
  5. ^ "Members:governments". Retrieved 25 September 2019.
  6. ^ "Mexico joins Better Than Cash Alliance". 24 June 2016. Retrieved 25 September 2019.
  7. ^ "Members:international organizations". Retrieved 25 September 2019.
  8. ^ "Members:companies". Retrieved 25 September 2019.
  9. ^ "MasterCard Joins Better Than Cash Alliance". 16 September 2013. Retrieved 25 September 2019.

External linksEdit