Recent monograph from MasterCard Advisors on electronic payments, SMEs and global growth

A brief, but interesting piece by Amit Jain and Bin Chen on how reducing financing costs and improving supply chain financing efficiencies through electronic payments could make a significant impact on SME growth, and thus jobs and other growth.  Some items in here I never realised, such as that only 30 percent of SMEs' transactions are electronic in the USA, v. more than 60 percent for larger firms.  The paper advocates for more development of electronic platforms the work for trade finance, T&E purchasing and supply chain finance, and that function across borders.  welcome more comments on this matt