Supporting Payment Sector Development - B2B corporate payments requirements in the traditional retail sector

World Bank, SECO, Mandiri Institute

Access to and usage of payment services have become important objectives within private and public sector efforts to enhance financial inclusion. Retailers and their suppliers can play an important role in expanding use of digital payments and inciting further adoption thereof by consumers. Despite innovations in retail and B2B payment services, uptake by traditional retailers remains limited. This report has been prepared to inform policy makers and service providers about the needs of traditional retailers and implications for payment systems strategy.