New Initiative to Ensure Universal Access to Payments

Payments in their many guises are essential to the way we all live our lives, to buy bread and milk, to heat or homes and to do many other things. Around the world the majority of people take payments for granted and are able to choose the payment option that suits their needs for the particular transaction. However, many people don’t have this choice and have to rely on a single payment method, and this is very often cash.

Payments are changing and all countries are at different points on the same journey. The pace may vary, the route may differ, but change is afoot. As we enter the new decade, Currency Research and the payment consultancy Enryo are working together to help smooth the path of that change with a new initiative, Universal Access to Payments (UA2P). The initiative aims to bring stakeholders together in an annual summit, to share information and data, experience and understanding so that countries can develop well-informed transition plans.