Case studies on efforts to digitalize payments in agri-food value chains

Agriculture remains the backbone of rural economies across much of both Sub-Saharan Africa and South and Southeast Asia, employing 54 and 43 percent of the workforce, respectively, and providing livelihoods for most of the rural poor (GSMA, 2020; Nair and Varghese, 2020). Yet, financial transactions...

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Main Authors: Wagner, Julia, de Brauw, Alan, Bloem, Jeffrey R., Ambler, Kate
Format: Informe técnico
Language:Inglés
Published: International Food Policy Research Institute 2025
Subjects:
Online Access:https://hdl.handle.net/10568/175632
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author Wagner, Julia
de Brauw, Alan
Bloem, Jeffrey R.
Ambler, Kate
author_browse Ambler, Kate
Bloem, Jeffrey R.
Wagner, Julia
de Brauw, Alan
author_facet Wagner, Julia
de Brauw, Alan
Bloem, Jeffrey R.
Ambler, Kate
author_sort Wagner, Julia
collection Repository of Agricultural Research Outputs (CGSpace)
description Agriculture remains the backbone of rural economies across much of both Sub-Saharan Africa and South and Southeast Asia, employing 54 and 43 percent of the workforce, respectively, and providing livelihoods for most of the rural poor (GSMA, 2020; Nair and Varghese, 2020). Yet, financial transactions in agri-food value chains continue to rely overwhelmingly on cash. The 2021 Global Findex survey finds that most adults in low- and middle-income countries who were paid for agricultural products received their payment in cash. On average, one in four recipients, and fewer than one in six in Sub-Saharan Africa, received agricultural payments into an account (Nair and Varghese, 2020; Demirgüç-Kunt et al., 2022). This reliance on cash introduces a range of inefficiencies and risks, including high transaction costs, security vulnerabilities, lack of transparency, and exclusion from formal financial services (BTCA, 2023a). Digitalizing agricultural payments offers a promising solution to these challenges. Digital financial ser vices (DFS) for the agriculture sector, including mobile money, e-wallets, digital banking, digital credit, savings products, insurance, and e-commerce solutions tailored to agricultural value chains, can facilitate safer, faster, and more transparent transactions while simultaneously connecting farmers and intermediary actors to broader financial ecosystems (GSMA, 2020). By digitalizing payments, farmers can build verifiable financial histories that enable access to formal credit and insurance markets, manage income more effectively, and reduce the risks associated with cash handling. For agribusinesses, digital payments offer substantial operational efficiencies: they lower cash handling costs, improve procurement transparency, support traceability initiatives crucial for compliance with international sustainability standards, and enhance supplier loyalty through faster and more reliable payment processes (Beaman et al., 2014; Nair and Varghese, 2020; BTCA, 2023a).
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spelling CGSpace1756322025-11-06T07:50:09Z Case studies on efforts to digitalize payments in agri-food value chains Wagner, Julia de Brauw, Alan Bloem, Jeffrey R. Ambler, Kate agriculture value chains digital technology rural economics finance Agriculture remains the backbone of rural economies across much of both Sub-Saharan Africa and South and Southeast Asia, employing 54 and 43 percent of the workforce, respectively, and providing livelihoods for most of the rural poor (GSMA, 2020; Nair and Varghese, 2020). Yet, financial transactions in agri-food value chains continue to rely overwhelmingly on cash. The 2021 Global Findex survey finds that most adults in low- and middle-income countries who were paid for agricultural products received their payment in cash. On average, one in four recipients, and fewer than one in six in Sub-Saharan Africa, received agricultural payments into an account (Nair and Varghese, 2020; Demirgüç-Kunt et al., 2022). This reliance on cash introduces a range of inefficiencies and risks, including high transaction costs, security vulnerabilities, lack of transparency, and exclusion from formal financial services (BTCA, 2023a). Digitalizing agricultural payments offers a promising solution to these challenges. Digital financial ser vices (DFS) for the agriculture sector, including mobile money, e-wallets, digital banking, digital credit, savings products, insurance, and e-commerce solutions tailored to agricultural value chains, can facilitate safer, faster, and more transparent transactions while simultaneously connecting farmers and intermediary actors to broader financial ecosystems (GSMA, 2020). By digitalizing payments, farmers can build verifiable financial histories that enable access to formal credit and insurance markets, manage income more effectively, and reduce the risks associated with cash handling. For agribusinesses, digital payments offer substantial operational efficiencies: they lower cash handling costs, improve procurement transparency, support traceability initiatives crucial for compliance with international sustainability standards, and enhance supplier loyalty through faster and more reliable payment processes (Beaman et al., 2014; Nair and Varghese, 2020; BTCA, 2023a). 2025-07-14 2025-07-14T19:31:21Z 2025-07-14T19:31:21Z Report https://hdl.handle.net/10568/175632 en https://hdl.handle.net/10568/175446 https://hdl.handle.net/10568/175447 https://hdl.handle.net/10568/175448 Open Access application/pdf International Food Policy Research Institute Wagner, Julia; de Brauw, Alan; Bloem, Jeffrey R.; and Ambler, Kate. 2025. Case studies on efforts to digitalize payments in agri-food value chains. IFPRI Project Paper July 2025. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/175632
spellingShingle agriculture
value chains
digital technology
rural economics
finance
Wagner, Julia
de Brauw, Alan
Bloem, Jeffrey R.
Ambler, Kate
Case studies on efforts to digitalize payments in agri-food value chains
title Case studies on efforts to digitalize payments in agri-food value chains
title_full Case studies on efforts to digitalize payments in agri-food value chains
title_fullStr Case studies on efforts to digitalize payments in agri-food value chains
title_full_unstemmed Case studies on efforts to digitalize payments in agri-food value chains
title_short Case studies on efforts to digitalize payments in agri-food value chains
title_sort case studies on efforts to digitalize payments in agri food value chains
topic agriculture
value chains
digital technology
rural economics
finance
url https://hdl.handle.net/10568/175632
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AT amblerkate casestudiesoneffortstodigitalizepaymentsinagrifoodvaluechains