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IFC Helps Promote Cashless Payment Systems in Europe and Central Asia

IFC, a member of the World Bank Group, in cooperation with the National Bank of Tajikistan, hosted a regional forum on 6-7 December to help the countries of the Caucasus, Central Asia, and Eastern Europe promote cashless payments for greater financial inclusion, a critical step in achieving inclusive economic growth. 

The two-day event, titled Heading Towards a Cashless Economy: Innovations, Infrastructure, Inclusion, brought together over 250 executives from central banks, financial institutions, payment service providers, and technology companies from more than 15 countries to discuss trends in the use of electronic payment solutions and explore how those can drive financial inclusion.