The Future of Payment Systems
Next Generation G2P Payment Systems
The second event of the series contained presentations on next generation G2P architecture, how digital payments can accelerate the achievement of development outcomes, modern (government-to-person) G2P design principles, enablers of accessible and choice based G2P payments and a summary of learnings from COVID-19 response. Country case studies included an overview of the Direct-to-Citizens Payments system in Bangladesh and a powerful vision for G2P transformation in Indonesia.
Georgina Marin from the World Banks’s G2Px Initiative spoke about how digital payments can accelerate the achievement of development outcomes, outlined modern G2P design principles, described enablers of accessible and choice based G2P payments, building blocks, inclusion and
empowerment accelerators and summarised learnings from the COVID response.
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Silvia Baur-Yazbech from the Consultative Group to Assist the Poor (CGAP) presented an overview of the Direct-to-Citizens Payments system in Bangladesh providing an outline of the vision and architecture and sketched the roadmap, implementation thus far and lessons learned.
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Gede Putra Arsana from the World Bank gave a presentation on the current G2P system in Indonesia and a comprehensive overview of the vision for G2P transformation in Indonesia including its architecture, mechanism and key components.
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