Sustainability of Kenyan mobile money agents

Knowledge dissemination workshop on “Study of QRIS implementation and opportunities to increase its adoption in Indonesia”

Quick Response Indonesia Standard (QRIS) was launched by Bank Indonesia to streamline QR code payments and allow for interoperability in payments to benefit customers and merchants.

MSC conducted a first-of-its-kind study, “Assessment of the implementation and usage of QRIS among small and micro-merchants”, with guidance from BI and Asosiasi Sistem Pembayaran Indonesia (ASPI), to assess the implementation of QRIS across Indonesia and how it is contributing to meeting the objectives of financial inclusion for small and micro merchants.

This webinar was held as a knowledge dissemination workshop to present findings from the study, followed by a panel discussion with stakeholders, both service providers and implementing partners, to discuss the potential opportunities to increase QRIS adoption and use in Indonesia.

  • 03:40 – 8:15 – Opening by Ira Aprilianti, host: The National Anthem
  • 8:35 – 11:26 – Ibu Grace Retnowati, Country Director, MSC Indonesia: Opening remarks and details of the study conducted
  • 12:20 – 24:40 – Ibu Fitria Irmi Triswati, Director of Payment System Policy Department, Bank Indonesia: Keynote Speech on the growth and statistics of QRIS use in Indonesia
  • 26:55 – 58:20 – Sneha Sampath, Manager, MSC Indonesia: Presentation of study findings, insights, and recommendations
  • 59:55 – 01:02:45 – Stella Kusumawardhani, Economic Research Lead, Tenggara Strategic: Introduction of the panelists and details of the agenda for the panel discussion “Opportunities to increase QRIS adoption”

Panel Discussion

  • 01:02:45 – 01:15:261. Pak Arya Rangga Yogasati, Deputy Director of Payment System Policy Department, Bank Indonesia: Navigating QRIS expansion for digital economic and financial inclusion
  • 01:17:06 – 01:44:542. Ibu Susiana Suhendra, Executive Director, Indonesian Payment System Association: Support system and enabling environment for QRIS adoption
  • 01:47:00 – 02:05:123. Pak Yogi Harsudiono, Head of Regulatory Affairs, GoPay: GoPay and groups priorities and strategies, including other product offerings to merchants and challenges with QRIS
  • 02:06:42 – 02:26:364. Ibu Misly Juliani, Senior Manager, Transaction Banking Retail Sales Group, Bank Mandiri: Accelerating financial inclusion and digitization through QRIS
  • 02:27:20 – 02:46:35 – Q&A session with panelists on topics, such as cross-border payment plans, infrastructure readiness, risk management, demand generation, and strategies to increase the use of QRIS
  • 02:48:06 – 02:54:16 – Brooke Patterson, Program Officer for Financial Services for the Poor, BMGF: Closing remarks on using technology and platforms to offer more DFS to merchants
  • 02:54:50 – 02:56:30 – Raunak Kapoor, Senior Manager, MSC Indonesia: Announcement on India FinTech Summit

Mobile money agents: Sustainability in a digital era – findings from Kenya

GSMA commissioned MSC to assess the status of cash-in cash-out (CICO) agents in Kenya.

In this report, we assessed agents’ challenges, growth opportunities, the risks they face, and their coping mechanisms post-COVID-19. Our new report from this research has more insights for digital financial service players to create sustainable strategies for agents, such as network maintenance and expansion.

Download this report here

 

State Ranking Index for NFSA: Creating resilient food systems to optimize the delivery of benefits

The National Food Security Act (NFSA) and the Targeted Public Distribution System (TPDS) are both massive in scale and complex by nature. Thus, the Indian government wanted to develop an index that evaluates the implementation of NFSA and TPDS operations across states and union territories. MSC helped the government build the index.

The index rests upon three pillars—coverage and targeting, delivery platform, and nutritional initiatives. Each pillar has different parameters and sub-parameters. This report explores the status in detail and ranks the states and union territories based on the implementation status of the NFSA and TPDS.

The Central Bank Digital Currency (CBDC) and its value to the economy

National study on Pradhan Mantri Kisan Samman Nidhi Yojana

The PM Kisan program provides all eligible farmers three equal installments of 25 USD every four months. At the time of the launch, it focused on small and marginal farmers. Later, it extended the benefits to all the farming families providing more coverage.