Financial and Monetary Systems

You’ve got money: Mobile payments help people during the pandemic

An MTN customer care staff attends to a client in an MTN service bus in Lagos, Nigeria August 28, 2019. Picture taken August 28, 2019. REUTERS/Temilade Adelaja - RC1AB3354300

Governments are resorting to direct bank transfers to support their citizens in financial stress caused by COVID-19. Image: REUTERS/Temilade Adelaja - RC1AB3354300

Sonja Davidovic
Economist in the Offices of the Managing Directo, IMF
Delphine Prady
Senior economist in the Fiscal Affairs Departme, IMF
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How countires are responding to COVID-19. Image: IMF
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By 2028, just 9% of all payments will be made in physical currency – but we may miss it

Richard Gendal Brown

September 26, 2023

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