This report is based on a study of the costs of retail payments in Kosovo, using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank's Payment System Development...
Payment and settlement systems and services have become vital components of the economic life of contemporary societies. Over the last decades, they have gone through several waves of reforms that have...
This report discusses strengthening the provision of payment services in the countries of the Middle East and North Africa (MENA) region as an essential step to integrate their economies into the world...
As innovation in retail payments continues and the systems evolve, effective governance of them becomes more complicated and increases in importance. Retail payment systems are essential for the economy...
The World Bank Group reiterated its commitment during the 2015 Spring Meetings, along with the announcement of the commitments made by the private sector to universal financial access (UFA), including...
The World Bank (WB) has been monitoring closely the developments of fast payment systems (FPS) by central banks and private players across the globe. This comprehensive study of FPS implementations across...
E-commerce, defined broadly as the sale of goods and services facilitated through the internet, is a key growth opportunity for Albania. Sellers can benefit from internet marketing, 24-hour online shopping...
Payment systems and remittances represent the foundations of financial sector stability and financial inclusion. Payment systems support financial stability by reducing systemic and settlement risks, acting...
This report is based on a study of the costs and savings of retail payments in Albania using a methodology (A Practical Guide for Measuring Retail Payment Costs) developed by the World Bank’s Payment Systems...
Retail payment systems play an important role in the smooth functioning of an economy and inefficiencies in the retail payments market can have cascading effects throughout the economy. While there are...