BTCA is a new global alliance that brings together private sector companies, governments, and development organizations - all dedicated to promoting the transition away from cash to electronic payments. The use of technology to transition from cash to electronic payments reduces costs, has the potential to increase transparency and accountability, diminishes security risks, enhances access to financial services for the poor and can drive inclusive economic growth, with a potential for women economic development. BTCA is funded by the Bill & Melinda Gates Foundation, Citi, Ford Foundation, MasterCard, Omidyar Network, U.S. Agency for International Development and Visa Inc. UNCDF serves as the BTCA Secretariat. BTCA is looking to expand in a number of SIDS. The total cost of the project is 38.2 million USD.

BTCA is funded by the Bill & Melinda Gates Foundation, Citi, Ford Foundation, MasterCard, Omidyar Network, U.S. Agency for International Development and Visa Inc. UNCDF serves as the BTCA Secretariat.