Electronic Payment Acceptance (EPA) intermediaries, such as payment facilitators, bill aggregators, and payment gateways, can improve micro and small merchants inclusion. At the same time, intermediaries create new types of risks to the national payment system. This session will explore different intermediaries and their activities, their unique risks, and different policy approaches to mitigate those risks. Enabling regulation can balance innovation in electronic payment acceptance and better inclusion of small and micro merchants while mitigating respective risks.
This session will explore how to use the FIGI Electronic Payments Acceptance (EPA) Self-Assessment Guide to diagnose barriers in any given economy. Participants will learn about publicly available indicators that can be used to evaluate EPA barriers, along with data collection strategies for indicator gaps. The session will also highlight which barriers could be particularly affected by the COVID-19 pandemic. Finally, the session will review how to pair the Menu of EPA with the Self-Assessment Guide.
- Jeffrey AllenFinancial Sector Consultant, Competitiveness & Innovation Global PracticeWorld Bank
- Jouali FadwaHead of Payment Development & FintechBank Al-Maghrib
- Bridget Rose M. Mesina-RomeroActing Deputy Director,Payment System Oversight Department, Payments and Currency Management SectorBangko Sentral ng Pilipinas (BSP)
- Camilo TellezHead of Digital Payments Innovation HubBetter Than Cash Alliance