Payment solutions

Electronic payment solutions are an essential building block to enable e-commerce. The eTrade Readiness Assessments across countries and regions found that an overreliance on cash-based transactions marked all ecosystems. Since the initial eT Readies were carried out, technological trends have evolved. Consequently, so have e-payment solutions. Public and private sectors in the reviewed countries are significantly investing in e-payment solutions (see Figure 12). They also need to sustain efforts towards greater financial inclusion and international cooperation to promote cross-border e-payment solutions and their interoperability. The overall implementation rate combining all 13 countries’ implemented recommendations in this policy area is 60 per cent.

Sustainable Development Goals:

Gender Equality

Decent Work and Economic Growth

Industry, Innovation and Infrastructure