Payment Solution Seekers Webinar
FinTech enables choice, empowering recipients
This webinar marked the launch of the Payment solutions for CVA implementers report; which helps implementing organizations, payment companies and regulators leverage FinTech innovations to increase the impact of Cash and Voucher Assistance (CVA).
It also looks at the choice model, an idea initially explores in government-to-person (G2P) social protection schemes, which gives recipients a choice over the delivery mechanisms used to distribute CVA. Pilots show that providing CVA recipients with choice over cash delivery mechanisms improves both the quality of service and reduces costs.
FinTech advancements, in particular payment aggregators, are being used to deliver choice in humanitarian CVA interventions – the report explores how organizations work with these companies, the benefits and challenges, and uses case studies to help those implementing CVA interventions to understand how they work in reality.
In this webinar we delved into the meanings and roles of various Payment Solution Providers (PSPs) including payment aggregators, switches, gateways, FSPs, and data managers, exploring the services they offer and their target demographics. We also discussed some of the main topics from the report.
We heard from:
- Rory Crew, CALP’s Technical Advisor Data and Digitalization, research lead
- Abigail Komu, Usman Raja and Arnav Khurana, researchers
- Jordane Hesse, IFRC, Technical team member of the Global Payment Solutions project
- Annalisa Plachesi, Onafriq, UK & EU Government and Development Organisations Relationship Manager
- Nkosi Moyo, Crown Agents Bank, Head of Global Payments
Webinar recording and slide deck:
Full webinar recording:
The slide deck used for the launch can be downloaded here.
What comes next?
The report will be presented in several forums over the coming months. If you would like the report presented in a particular forum, please email Rory Crew.
CALP hosts the Global payment solution seekers roundtable that brings together implementers seeking multi-country payment solutions. The group shares learning and provides a space for implementers and the private sector to collaborate. Contact Rory Crew for further details.