Friday, March 20, 2015

Two Challenges to Help Two Billion Reach Financial Security: Data Collection and Merchant Solutions


CHALLENGE 1: THE DATA COLLECTION CHALLENGE!
DEADLINE MAY 13

Last fall, through Grand Challenges Exploration (GCE), the Bill and Melinda Gates Foundation solicited applications from organizations large and small, calling for novel ways to promote universal acceptance of mobile payment systems among merchants who sell goods to the world’s poor. They are continuing to explore this challenge—and expand with a new call to action—for a second round of applications, launching today. See more from their blog post here, or go straight to the application.



CHALLENGE 2: THE MERCHANT SOLUTIONS CHALLENGE
DEADLINE MAY 13

Merchants play an incredibly vital role in encouraging the adoption of mobile money and driving widespread financial inclusion. If they continue to transact in cash—without access to software, systems and devices that process mobile payments—the unbanked poor will continue to follow suit. By accepting and processing mobile payments widely and universally, merchants can make the system not only viable but enticing to hundreds of millions. See more from their blog post here, or go straight to the application:

You can find application instructions and additional information at the GCE website.

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