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    Digital Financial Services in the Pacific: Experiences and Regulatory Issues
    Digital Financial Services in the Pacific: Experiences and Regulatory Issues
    Digital Financial Services in the Pacific: Experiences and Regulatory Issues
    Ebook86 pages43 minutes

    Digital Financial Services in the Pacific: Experiences and Regulatory Issues

    By Asian Development Bank

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    About this ebook

    The challenging geography and poor infrastructure of many Pacific nations mean digital financial services (DFS) are a particularly effective means of enhancing financial inclusion in the region. However, a number of major challenges confront DFS in the Pacific, including the establishment of reliable agent networks and the building of sufficient consumer trust in DFS for it to become a viable payments channel. This report examines the current use of DFS in the Pacific, analyzes the issues that need to be addressed, and provides recommendations for increasing financial inclusion in the region. This publication was produced by the Pacific Private Sector Development Initiative, a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia and the New Zealand government.
    LanguageEnglish
    PublisherAsian Development Bank
    Release dateMar 1, 2016
    ISBN9789292573591
    Digital Financial Services in the Pacific: Experiences and Regulatory Issues

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      Digital Financial Services in the Pacific - Asian Development Bank

      DIGITAL FINANCIAL SERVICES IN THE PACIFIC

      EXPERIENCES AND REGULATORY ISSUES

      Creative Commons Attribution 3.0 IGO license (CC By 3.0 IGO)

      © 2016 Asian Development Bank

      6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

      Tel +63 2 632 4444; Fax +63 2 636 2444

      www.adb.org; openaccess.adb.org

      Some rights reserved. Published in 2016.

      Printed in the Philippines.

      ISBN 978-92-9257-358-4 (Print), 978-92-9257-359-1 (e-ISBN)

      Publication Stock No. RPT167908-2

      Cataloging-In-Publication Data

      Asian Development Bank.

      Digital financial services in the pacific—experiences and regulatory issues.

      Mandaluyong City, Philippines: Asian Development Bank, 2016.

      1. Banking and Finance. 2. Pacific Islands. I. Asian Development Bank.

      The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

      ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned.

      By making any designation of or reference to a particular territory or geographic area, or by using the term country in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

      This work is available under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) https://creativecommons.org/licenses/by/3.0/igo/. By using the content of this publication, you agree to be bound by the terms of said license as well as the Terms of Use of the ADB Open Access Repository at openaccess.adb.org/termsofuse

      This CC license does not apply to non-ADB copyright materials in this publication. If the material is attributed to another source, please contact the copyright owner or publisher of that source for permission to reproduce it. ADB cannot be held liable for any claims that arise as a result of your use of the material.

      Attribution—In acknowledging ADB as the source, please be sure to include all of the following information:

      Author. Year of publication. Title of the material. © Asian Development Bank [and/or Publisher]. https://openaccess.adb.org. Available under a CC BY 3.0 IGO license.

      Translations—Any translations you create should carry the following disclaimer:

      Originally published by the Asian Development Bank in English under the title [title] © [Year of publication] Asian Development Bank. All rights reserved. The quality of this translation and its coherence with the original text is the sole responsibility of the [translator]. The English original of this work is the only official version.

      Adaptations—Any adaptations you create should carry the following disclaimer:

      This is an adaptation of an original Work © Asian Development Bank [Year]. The views expressed here are those of the authors and do not necessarily reflect the views and policies of ADB or its Board of Governors or the governments they represent. ADB does not endorse this work or guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use.

      Please contact OARsupport@adb.org or publications@adb.org if you have questions or comments with respect to content, or if you wish to obtain copyright permission for your intended use that does not fall within these terms, or for permission to use the ADB logo.

      Note: In this publication, $ refers to US dollars.

      Disclaimer

      This report was produced in collaboration with the Pacific Private Sector Development Initiative (PSDI), under the supervision of the Pacific Liaison Coordination Office of

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