Wise
G20 Roadmap for Enhancing Cross Border Payments Scorecard Report
Pages
72
Time to read
198 mins
Publication
Language
English
Pages
72
Time to read
198 mins
Publication
Language
English
This document is a scorecard report assessing the progress of G20 members on direct access and price transparency in cross-border payments, one year after the initial G20 Roadmap for Enhancing Cross-Border Payments was published. It outlines the current state of commitments made by G20 countries, evaluating their effectiveness in improving access for non-bank payment service providers and enhancing price transparency for consumers. The report highlights that while some countries have made incremental progress, many have yet to implement the necessary changes to meet their commitments. It details the methodology used for assessment, which includes qualitative and quantitative data from various sources. The report also discusses the importance of collaboration between public and private sectors to achieve the G20 targets and emphasizes the need for renewed commitment to address ongoing challenges in the global payments landscape. Furthermore, it provides actionable policy recommendations to facilitate improvements in these areas.