India: Impact of COVID-19 on Business Correspondents
This report highlights the impact of COVID-19 on business correspondent (BC) agents in India and the issues they faced while delivering financial services in the wake of the pandemic. It also offers policy recommendations to help BCs offer uninterrupted services.
Trust Busters! A dozen reasons why your potential customers do not trust your agents (particularly in rural areas)
Alarmingly, most users who sign up for digital financial services do not actually end up using them, largely due to a lack of trust in agents. This holds true even in the case of relatively “advanced” geographies. “Trust busters” examines the evidence and lists out 12 reasons behind this worrying trend of interest in agency banking that fails to convert into regular usage.
Social Safety Net (SSN) finds a new highway to reach beneficiaries in Bangladesh
Digitization of the Social Safety Net program has helped resolve the woes of millions of economically vulnerable and socially and physically disadvantaged people in Bangladesh. It ensured that they receive payments in full and on time along with the option to access other financial services through agent banking.
Inconvenience, high tariffs, system downtime, low commissions, slow speed, poor service quality, inaccuracy, lack of an underlying compelling need and technology instability are few challenges for mobile money success.
Fitting the Pieces of the Liquidity Management Puzzle
This paper is part of a series of synthesis papers that summarise data on agent networks. We have collected the data over four and a half years from nine countries in Africa and Asia through the Agent Network Accelerator (ANA) project. This paper synthesizes knowledge and data on liquidity management approaches to ANA research markets […]