The Scheme and DFSPs must invest together in capabilities that they all benefit from, such as fraud management, alias directory, sanctions and AML screening of cross-border transfers, offering value to DFSPs, trust to end users, while reducing costs.

Why It Matters

Working together and sharing costs allows the Inclusive IPS to achieve more than the Scheme or a single DFSP could accomplish on its own. Doing so enables broad improvements that promote a safer and more robust payment system, allowing it to grow and scale more quickly.

A farmer in Kenya harvests sweet potatoes.

Related Resources

Explore more practices

Review other L1P practices and learn more about how to apply them to your IPS.

A woman uses mobile money to purchase fruit at a market in Rwanda.