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(CORRIDOR)UNITED NATIONS CAPITAL DEVELOPMENT FUND (UN CDF) Better Than Cash Alliance (TCA) Digitization of Payments of the Social Programs Ascribed to the Ministry of Development and Social Inclusion
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Digitization of payments refers to the process of converting cash or check payments into electronic transactions.
Businesses and individuals who receive payments in cash or check are required to file digitization of payments.
Digitization of payments can be filled out electronically through online platforms provided by financial institutions or payment processing companies.
The purpose of digitization of payments is to streamline payment processes, reduce the risk of fraud, and improve financial transparency.
Information such as the amount of payments received, the date of receipt, and the payer's details must be reported on digitization of payments.
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