IMF Working Papers

Beyond the COVID-19 Crisis: A Framework for Sustainable Government-To-Person Mobile Money Transfers

By Delphine Prady, Hervé Tourpe, Sonja Davidovic, Soheib Nunhuck

September 25, 2020

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Delphine Prady, Hervé Tourpe, Sonja Davidovic, and Soheib Nunhuck. Beyond the COVID-19 Crisis: A Framework for Sustainable Government-To-Person Mobile Money Transfers, (USA: International Monetary Fund, 2020) accessed November 21, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

During the 2020 pandemic, the majority of countries have provided income support to households at an unprecedented speed and scale. Social distancing measures and the large penetration of mobile phones in emerging markets and developing economies (EMDEs) have encouraged government-to-person (G2P) transfers through mobile platforms. This paper presents a comprehensive framework for sustainable money solutions in support of social assistance. The framework consists of eight building blocks that may help policymakers i) take stock and assess emergency fixes taken to scale up mobile money in a crisis context and ii) develop sustainable long-term solutions for mobile G2P transfers.

Subject: Banking, COVID-19, Currencies, Fiscal accounting and reporting, Health, Mobile banking, Money, Population and demographics, Public financial management (PFM), Technology

Keywords: Africa, Asia and Pacific, Bank account, Cash transfer, Central bank, CICO network, Country, COVID-19, Currencies, East Asia, Electronic money, Financial service, Firm, Fiscal accounting and reporting, G2P, Government, Government assistance, Government assistance program, Government cash transfer, Government ecosystem, Low income, Mobile banking, Mobile money, Money, Novissi G2P, Philippines government, South Asia, State transfer, Sub-Saharan Africa, Total cost of ownership, WP

Publication Details

  • Pages:

    38

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2020/198

  • Stock No:

    WPIEA2020198

  • ISBN:

    9781513557670

  • ISSN:

    1018-5941