Standards and Practices Report for Electronic and Mobile Payments

The benefits of new electronic and mobile payment methods in support of USAID
objectives to better serve the unbanked have been well-documented in other literature,2
and that case will not be reiterated in this report. A practical strategy for evaluating an
individual program or Mission environment for suitability of payment type, however, has
not yet been proposed or considered in a structured manner. The purpose of this report is
to set a baseline understanding of available payment alternatives and to establish a
framework for evaluating those alternatives in consideration of the unique environmentand risk profile of individual USAID programs or missions.