Payments to Advance Growth for All (PAGA)

Accelerating digital payments in Latin America and the Caribbean.

Overview

Digital payments are the cornerstone of a digitally empowered economy.
E-commerce, financial inclusion, and government payments highly depend on them.

PAGA is a joint WEF-IDB Lab initiative that aims to expedite digital payments in Latin America and the Caribbean (LAC). Since 2021 we have established a community of 750+ public and private sector representatives to explore how to best unlock the true benefits of digital payments in LAC in an open, inclusive, and safe manner.

PAGA Repository
Now Live!

Explore successful use cases demonstrating how digital payment capabilities have alleviated MSME challenges in cross-border transactions.

Our objectives

Regulation

Build good regulatory practices to reduce market barriers and facilitate cross-border payments

Collaboration

Promote public-private sector collaboration, encouraging SME inclusion in cross-border payments and trade

Innovation

Drive the facilitation of new technologies and foster innovation among stakeholders

Trade Agreements

Explore digital trade agreements to secure safe cross-border digital payments

Featured insights

Accelerating digital payments in Latin America and the Caribbean

The report examines barriers to digital payment growth in the region and suggests public, public-private, and private solutions to enhance this sector.