Visa Innovation Grants Webinar Presentation
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Transcript of Visa Innovation Grants Webinar Presentation
Visa Innova*on Grants
Informa*onal Webinar December 6th, 2012
Webinar Agenda
1. Introduc*ons 2. Grant Objec*ves 3. RFP Process and Timeline 4. Ques*on and Answer
3 5 10
12
1. Introduc*ons
Bill Brindley
Chief Execu*ve Officer
NetHope
Doug Sabo
Head of Corporate Responsibility
Visa Inc.
Introduc*ons
2. Grant Objec*ves
Why Electronic Payments?
Transparency
Sources: See Sources for text and photo credits in appendix
Source: USAID
Argen*na decreased government payments leakages with its shiZ to electronic payment cards. A survey revealed that government employees who
admit to taking bribes dropped by 92%
Cost Savings
A democracy and governance program in Kenya began using M-‐Pesa (a mobile money product) to pay the per diems and travel expenses of program par*cipants, reducing the cost per training by an average of 90%.
Why Electronic Payments?
Security
AZer the 2010 earthquake in Hai* incidents of theZ of cash transfers fell by more than 50%, due to the use of mobile money
Why Electronic Payments?
Convenience
During a cash transfer program in Niger, it was found that beneficiaries receiving funds via mobile phones were traveling 3 km less to receive their
disbursements than those receiving them in cash
Why Electronic Payments?
Financial Inclusion
Bolsa Familia, a Brazilian condi*onal cash transfer program that uses electronic benefit cards to disburse funds has enabled over 8 million
individuals to save funds in bank accounts linked to the cards
Why Electronic Payments?
What do we mean by Electronic Payments?
Payment Type Yes No
Card Based Payments ✔
Mobile Financial Services ✔
Cloud Payments ✔
Bank Transfers (EFT/ACH) ✔
Physical Cash ✔
Checks ✔
Juhudi Kilimo Example
Where? Who?
Transi*on from Cash: Juhudi Kilimo began u*lizing mobile payments to disburse and collect loans form clients using the bulk payments and bill payments services of M-‐Pesa
Source: Michaels, Lore7a. “Kenya Case Studies in e-‐Payments” United States Agency for InternaEonal Development and Accenture Development Partnerships, November 2011
Niger Condi*onal Cash Transfer Example
0
10000
20000
30000
40000
50000
May June July Aug Sept
Total Cost of Cash Transfer Distribution Program by Month (Euros)
M - transfer Manual cash
Where? Who?
Transi*on from Cash: An emergency response program to droughts in Niger lead to a pilot condi*onal cash transfer program that distributed some funds via mobile phones
Source: Aker, Jenny, Boumnijel, Rachid, Mclelland, Amanda and Tierney, Niall. “Zap it to me: Short Term Impacts of a Mobile Cash Transfer Program” Center for Global Development September 2011
3. RFP Process and Timeline
November 2012
December 2012
January 2013
February 2013
Informa*onal webinar session held on December 6, 2012
RFP released to the public on November 26, 2012
Proposal wri*ng
Proposal deadline on January 9, 2013 at 11:59 pm PST
No*fica*on of grant awards
Process and Timeline
Proposal reviews
4. Ques*on and Answer Sec*on
Email: innova*[email protected]
RFP URL: hjp://nethope.org/page/visa-‐innova*on-‐grant
• Transparency Sta*s*c: Banking the Poor via G2P Payments, report by CGAP and DFID. • Cost Savings Sta*s*c: Michaels, Lore7a. “Kenya Case Studies in e-‐Payments” United States Agency for
InternaEonal Development and Accenture Development Partnerships, November 2011 Photo: Click Here Blog, h7p://blog.clickhere.com/2009/put-‐it-‐on-‐my-‐mobile-‐tab/
• Security Sta*s*c: CGAP, Mobile Money in HaiE: Strategies for a MulE-‐CompeEtor, MulE-‐Industry Market. Photo: Mercy Corps
• Convenience Sta*s*c: Aker, Jenny, Boumnijel, Rachid, Mclelland, Amanda and Tierney, Niall. “Zap it to me: Short Term Impacts of a Mobile Cash Transfer Program” Center for Global Development September 2011 Photo: Concern Worldwide
• Financial Inclusion Sta*s*c: Global Savings and Social ProtecEon IniEaEve, New America FoundaEon h7p://gssp.newamerica.net/bolsa-‐familia Photo: Vanderiel, Almeida/AFP/Ge7y Images
Appendix