Developing Scalable and Transparent Benefit Payment Systems in Myanmar

Similar to other low-income countries, in Myanmar social protection benefits are usually provided through direct cash or food distribution. With the rapid development of the financial and telecommunications market in the country, there is the poten...

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Bibliographic Details
Main Author: Stokkel, Inge
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
ATM
ID
Online Access:http://documents.worldbank.org/curated/en/2015/07/24764933/developing-scalable-transparent-benefit-payment-systems-myanmar
http://hdl.handle.net/10986/22330
id okr-10986-22330
recordtype oai_dc
spelling okr-10986-223302021-04-23T14:04:08Z Developing Scalable and Transparent Benefit Payment Systems in Myanmar Stokkel, Inge INDIVIDUAL ACCOUNTS WITHDRAWAL DEPOSIT FINANCIAL SERVICES ELECTRONIC TRANSFERS LIABILITY ACCOUNTING DEPOSITS DELIVERY MECHANISMS LOCAL BANK PAYMENT SERVICE LUMP SUMS INFORMATION TECHNOLOGY INCOME FINANCIAL LITERACY WORTH SUPPLIES SPENDING BANKING SYSTEM PURCHASES PAYMENT SYSTEM COST-EFFECTIVENESS INFORMATION LIQUIDITY BANK ACCOUNT HEALTH INSURANCE WELFARE ATM CARD SALARIES OWNERSHIP CASH TRANSFER PAYMENTS SOCIAL ASSISTANCE SAVING BENEFICIARIES INFLATION STATE BANK PENSION CASH WITHDRAWALS SAFETY NETS BUDGET ELECTRONIC BENEFIT LITERACY WITHDRAWALS RAPID DEVELOPMENT COST EFFECTIVENESS BENEFICIARY LOCAL BANKS TRAINING WAGE ELECTRONIC PAYMENT SYSTEM MONEY ELECTRONIC PAYMENT SYSTEMS CASH PAYMENT PAYMENT FINANCIAL INSTITUTIONS SOCIAL SECURITY CONTRIBUTIONS FINANCIAL REGULATIONS SCHOLARSHIP FINANCIAL LITERACY TRAINING SERVICE PROVIDER SMART CARDS SOCIAL SECURITY SOCIAL PROTECTION BIOMETRICS LOANS ELECTRONIC PAYMENTS CASH TRANSFERS FINANCIAL SYSTEM FINANCIAL ACCOUNTS DEBIT CARDS FINANCE ADMINISTRATIVE COSTS FINANCIAL TOOL BANKS TRANSACTIONS THEFT OF MONEY EQUITY TRANSACTION MARKET ANALYSIS REGULATORY FRAMEWORKS FRAUD PAYMENT MECHANISMS EXPENSES FINANCIAL TRANSACTIONS INAPPROPRIATE USE CASH PAYMENTS BANK PURCHASING POWER CONTRIBUTIONS DEMAND FINANCIAL ASPECTS SAFETY NET SAVING MONEY CONSUMERS FINANCIAL ACCOUNT FINANCIAL SERVICE PROVIDERS SALE LOCAL MARKETS SECURITY RISKS LOW-INCOME PAYMENT MECHANISM DRUG USE FINANCIAL SERVICE FINGERPRINTS SOCIAL WELFARE BANK ACCOUNTS FINANCIAL INFRASTRUCTURE INSURANCE SECURITY INCIDENT ECONOMIC DEVELOPMENT BANK CARD PURCHASE SECURITY ECONOMIES OF SCALE FINANCIAL SERVICES PROVIDERS EDUCATION BANK BRANCH ATMS ATM ID ELECTRONIC PAYMENT SOCIAL SECURITY PAYMENTS PENSIONERS ID CARDS SUPPLY SOCIAL SECURITY NUMBER MOBILE PHONES ELECTRONIC FINANCIAL TRANSACTIONS INVESTMENTS RISK MANAGEMENT DEBIT CARD CHECK RAPID GROWTH AMOUNT OF MONEY LOW COST COMMODITIES BANK BRANCHES PAYMENT SYSTEMS FINANCIAL SECTOR COMMODITY HOUSEHOLD EXPENDITURE IDENTIFICATION MOBILE BANKING CASH FLOW SERVICE PROVIDERS INVESTING Similar to other low-income countries, in Myanmar social protection benefits are usually provided through direct cash or food distribution. With the rapid development of the financial and telecommunications market in the country, there is the potential for a gradual transition to electronic payment systems for current and future social protection transfers, once adequate legal and regulatory frameworks are in place. This will make the delivery of payments cheaper, quicker, safer, and more transparent. In addition, increasing the connectivity of the people of Myanmar, especially the poor and vulnerable, to financial services will not only accelerate povertyreduction but also promote inclusive economic growth. 2015-07-28T22:13:06Z 2015-07-28T22:13:06Z 2015-07-07 Report http://documents.worldbank.org/curated/en/2015/07/24764933/developing-scalable-transparent-benefit-payment-systems-myanmar http://hdl.handle.net/10986/22330 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Social Protection Study East Asia and Pacific Myanmar
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic INDIVIDUAL ACCOUNTS
WITHDRAWAL
DEPOSIT
FINANCIAL SERVICES
ELECTRONIC TRANSFERS
LIABILITY
ACCOUNTING
DEPOSITS
DELIVERY MECHANISMS
LOCAL BANK
PAYMENT SERVICE
LUMP SUMS
INFORMATION TECHNOLOGY
INCOME
FINANCIAL LITERACY
WORTH
SUPPLIES
SPENDING
BANKING SYSTEM
PURCHASES
PAYMENT SYSTEM
COST-EFFECTIVENESS
INFORMATION
LIQUIDITY
BANK ACCOUNT
HEALTH INSURANCE
WELFARE
ATM CARD
SALARIES
OWNERSHIP
CASH TRANSFER
PAYMENTS
SOCIAL ASSISTANCE
SAVING
BENEFICIARIES
INFLATION
STATE BANK
PENSION
CASH WITHDRAWALS
SAFETY NETS
BUDGET
ELECTRONIC BENEFIT
LITERACY
WITHDRAWALS
RAPID DEVELOPMENT
COST EFFECTIVENESS
BENEFICIARY
LOCAL BANKS
TRAINING
WAGE
ELECTRONIC PAYMENT SYSTEM
MONEY
ELECTRONIC PAYMENT SYSTEMS
CASH PAYMENT
PAYMENT
FINANCIAL INSTITUTIONS
SOCIAL SECURITY CONTRIBUTIONS
FINANCIAL REGULATIONS
SCHOLARSHIP
FINANCIAL LITERACY TRAINING
SERVICE PROVIDER
SMART CARDS
SOCIAL SECURITY
SOCIAL PROTECTION
BIOMETRICS
LOANS
ELECTRONIC PAYMENTS
CASH TRANSFERS
FINANCIAL SYSTEM
FINANCIAL ACCOUNTS
DEBIT CARDS
FINANCE
ADMINISTRATIVE COSTS
FINANCIAL TOOL
BANKS
TRANSACTIONS
THEFT OF MONEY
EQUITY
TRANSACTION
MARKET ANALYSIS
REGULATORY FRAMEWORKS
FRAUD
PAYMENT MECHANISMS
EXPENSES
FINANCIAL TRANSACTIONS
INAPPROPRIATE USE
CASH PAYMENTS
BANK
PURCHASING POWER
CONTRIBUTIONS
DEMAND
FINANCIAL ASPECTS
SAFETY NET
SAVING MONEY
CONSUMERS
FINANCIAL ACCOUNT
FINANCIAL SERVICE PROVIDERS
SALE
LOCAL MARKETS
SECURITY RISKS
LOW-INCOME
PAYMENT MECHANISM
DRUG USE
FINANCIAL SERVICE
FINGERPRINTS
SOCIAL WELFARE
BANK ACCOUNTS
FINANCIAL INFRASTRUCTURE
INSURANCE
SECURITY INCIDENT
ECONOMIC DEVELOPMENT
BANK CARD
PURCHASE
SECURITY
ECONOMIES OF SCALE
FINANCIAL SERVICES PROVIDERS
EDUCATION
BANK BRANCH
ATMS
ATM
ID
ELECTRONIC PAYMENT
SOCIAL SECURITY PAYMENTS
PENSIONERS
ID CARDS
SUPPLY
SOCIAL SECURITY NUMBER
MOBILE PHONES
ELECTRONIC FINANCIAL TRANSACTIONS
INVESTMENTS
RISK MANAGEMENT
DEBIT CARD
CHECK
RAPID GROWTH
AMOUNT OF MONEY
LOW COST
COMMODITIES
BANK BRANCHES
PAYMENT SYSTEMS
FINANCIAL SECTOR
COMMODITY
HOUSEHOLD EXPENDITURE
IDENTIFICATION
MOBILE BANKING
CASH FLOW
SERVICE PROVIDERS
INVESTING
spellingShingle INDIVIDUAL ACCOUNTS
WITHDRAWAL
DEPOSIT
FINANCIAL SERVICES
ELECTRONIC TRANSFERS
LIABILITY
ACCOUNTING
DEPOSITS
DELIVERY MECHANISMS
LOCAL BANK
PAYMENT SERVICE
LUMP SUMS
INFORMATION TECHNOLOGY
INCOME
FINANCIAL LITERACY
WORTH
SUPPLIES
SPENDING
BANKING SYSTEM
PURCHASES
PAYMENT SYSTEM
COST-EFFECTIVENESS
INFORMATION
LIQUIDITY
BANK ACCOUNT
HEALTH INSURANCE
WELFARE
ATM CARD
SALARIES
OWNERSHIP
CASH TRANSFER
PAYMENTS
SOCIAL ASSISTANCE
SAVING
BENEFICIARIES
INFLATION
STATE BANK
PENSION
CASH WITHDRAWALS
SAFETY NETS
BUDGET
ELECTRONIC BENEFIT
LITERACY
WITHDRAWALS
RAPID DEVELOPMENT
COST EFFECTIVENESS
BENEFICIARY
LOCAL BANKS
TRAINING
WAGE
ELECTRONIC PAYMENT SYSTEM
MONEY
ELECTRONIC PAYMENT SYSTEMS
CASH PAYMENT
PAYMENT
FINANCIAL INSTITUTIONS
SOCIAL SECURITY CONTRIBUTIONS
FINANCIAL REGULATIONS
SCHOLARSHIP
FINANCIAL LITERACY TRAINING
SERVICE PROVIDER
SMART CARDS
SOCIAL SECURITY
SOCIAL PROTECTION
BIOMETRICS
LOANS
ELECTRONIC PAYMENTS
CASH TRANSFERS
FINANCIAL SYSTEM
FINANCIAL ACCOUNTS
DEBIT CARDS
FINANCE
ADMINISTRATIVE COSTS
FINANCIAL TOOL
BANKS
TRANSACTIONS
THEFT OF MONEY
EQUITY
TRANSACTION
MARKET ANALYSIS
REGULATORY FRAMEWORKS
FRAUD
PAYMENT MECHANISMS
EXPENSES
FINANCIAL TRANSACTIONS
INAPPROPRIATE USE
CASH PAYMENTS
BANK
PURCHASING POWER
CONTRIBUTIONS
DEMAND
FINANCIAL ASPECTS
SAFETY NET
SAVING MONEY
CONSUMERS
FINANCIAL ACCOUNT
FINANCIAL SERVICE PROVIDERS
SALE
LOCAL MARKETS
SECURITY RISKS
LOW-INCOME
PAYMENT MECHANISM
DRUG USE
FINANCIAL SERVICE
FINGERPRINTS
SOCIAL WELFARE
BANK ACCOUNTS
FINANCIAL INFRASTRUCTURE
INSURANCE
SECURITY INCIDENT
ECONOMIC DEVELOPMENT
BANK CARD
PURCHASE
SECURITY
ECONOMIES OF SCALE
FINANCIAL SERVICES PROVIDERS
EDUCATION
BANK BRANCH
ATMS
ATM
ID
ELECTRONIC PAYMENT
SOCIAL SECURITY PAYMENTS
PENSIONERS
ID CARDS
SUPPLY
SOCIAL SECURITY NUMBER
MOBILE PHONES
ELECTRONIC FINANCIAL TRANSACTIONS
INVESTMENTS
RISK MANAGEMENT
DEBIT CARD
CHECK
RAPID GROWTH
AMOUNT OF MONEY
LOW COST
COMMODITIES
BANK BRANCHES
PAYMENT SYSTEMS
FINANCIAL SECTOR
COMMODITY
HOUSEHOLD EXPENDITURE
IDENTIFICATION
MOBILE BANKING
CASH FLOW
SERVICE PROVIDERS
INVESTING
Stokkel, Inge
Developing Scalable and Transparent Benefit Payment Systems in Myanmar
geographic_facet East Asia and Pacific
Myanmar
description Similar to other low-income countries, in Myanmar social protection benefits are usually provided through direct cash or food distribution. With the rapid development of the financial and telecommunications market in the country, there is the potential for a gradual transition to electronic payment systems for current and future social protection transfers, once adequate legal and regulatory frameworks are in place. This will make the delivery of payments cheaper, quicker, safer, and more transparent. In addition, increasing the connectivity of the people of Myanmar, especially the poor and vulnerable, to financial services will not only accelerate povertyreduction but also promote inclusive economic growth.
format Report
author Stokkel, Inge
author_facet Stokkel, Inge
author_sort Stokkel, Inge
title Developing Scalable and Transparent Benefit Payment Systems in Myanmar
title_short Developing Scalable and Transparent Benefit Payment Systems in Myanmar
title_full Developing Scalable and Transparent Benefit Payment Systems in Myanmar
title_fullStr Developing Scalable and Transparent Benefit Payment Systems in Myanmar
title_full_unstemmed Developing Scalable and Transparent Benefit Payment Systems in Myanmar
title_sort developing scalable and transparent benefit payment systems in myanmar
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/07/24764933/developing-scalable-transparent-benefit-payment-systems-myanmar
http://hdl.handle.net/10986/22330
_version_ 1764450809763856384