Pacific Financial Inclusion Programme(PFIP)

Close x

Branchless Banking EU to contribute Euro 6 million for UNCDF/UNDP Financial Inclusion in PNG Highlands - Port Moresby, Papua New Guinea, April 29, 2014 – European Union (EU) in PNG announced their contribution of Euro 6 million to UN Capital Development Fund (UNCDF) for financial inclusion programme in the Highlands Region. Access to Financial Services is part of the Euro 22 million EU funded 10th EDF Rural Economic De... More info

Branchless Banking Lowering the Cost of International Remittances - PFIP supported the partnership between KlickEx and Digicel Mobile Money. This service combines KlickEx's electronic exchange system that operates as an auction that matches small buyers and sellers to exchange currency while Digicel provides the delivery of remittance directly to receivers e-wallets. PFIP's support wa... More info

Branchless Banking Helping Westpac Bank build an POS Agent Network - PFIP is teaming up with Westpac Bank in the Pacific to introduce "InStore" banking, where clients can make withdraw and deposit money, pay bills, receive and make transfers through trained banking agents equipped with point of sale (POS) devices. Clients also have access to an account with no minimum fees or ba... More info

Branchless Banking Support to Vodafone Fiji M-PAiSA - PFIP provided funding to Vodafone Fiji enabling more than 300,000 customers to inexpensively make and receive payments through their mobile phones through the first mobile money system in the Pacific. M-PAiSA is modeled on Safaricom Kenya’s M-Pesa service, but built by Vodafone Fiji locally. Since... More info

Branchless Banking Support to National Bank of Vanuatu - In partnership with AusAID and the Asian Development Bank, PFIP worked with National Bank of Vanuatu to bring its rural branch network on-line through VSAT technology. Since 2009, NBV has increased active small holding accounts from 13,700 to 35,700 accounts. The assistance also allowed NBV introduce a multilin... More info

"The Pacific Financial Inclusion Programme is a flagship initiative which is already showing concrete results on the ground. As a result, the Programme is gaining a lot of attention from around the organization. The ability to secure additional funding and to be upscaled is very impressive. Congratulations to the team for implementing such a good Programme."

- Mr Nicholas Rosellini - Deputy Assistant Administrator & Deputy Regional Director, UNDP Asia Pacific Regional Centre (APRC)