Beyond Cash: The Digital Payments Revolution in Latin America and the Caribbean

https://publications.iadb.org/en/beyond-cash-digital-payments-revolution-latin-america-and-caribbean Beyond Cash: The Digital Payments Revolution in Latin America and the Caribbean A quiet revolution is reshaping payment systems across Latin America and the Caribbean, driven by private sector innovation and enabled by forward-looking public policies. There’s no universal blueprint for a successful transition from cash to digital payments—each country’s journey is unique, yet valuable lessons can be shared across borders to accelerate progress. The next frontier lies in harnessing digital payments for broader financial inclusion, while carefully designing policies that account for the incentives created by high levels of informality.