A small entrepreneur in Peru shares her experiences and lessons learnt from wage digitization. From an employer’s perspective, she emphasizes that the shift from cash requires proper documentation for timely transfers and open communication with employees to cultivate awareness.
During the first half of 2023, in La Libertad, agribusiness has generated 115,000 direct, indirect and induced jobs, thanks to the demand for labour for processing and exporting superfoods.
Digital wage payments (through bank accounts, mobile money wallets or prepaid cards) can benefit workers and enterprises and contribute to achieving public policy goals. But the transition from cash to responsible digital wages brings challenges such as limited financial infrastructure…
Labour legislation measures that explicitly refer to digital wage payments.
On May 11, 2022, 24 representatives of government institutions, workers’ and employers’ organizations, financial service and digital payments providers analysed the findings of a rapid assessment of digital wages for decent work in Mexico, in the food and beverage, coffee…
On April 28, 2022, 25 representatives from government entities, workers’ and employers’ organizations, and digital payment and financial service providers discussed the findings of a rapid assessment on digital wages for decent work in the sectors of agribusiness and gastronomy…
Using data from a Mexican FinTech firm, the authors study the usage by workers of earned wages access. They find usage to be significant and concentrated towards the end of the pay cycle. They document that such usage is associated…
This report seeks to identify the barriers to expanding access to and usage of formal financial services in Jamaica, with a view to remedying them.
In the absence of regulatory guardrails, some earned wage access programs can perpetuate, and in some instances exacerbate, the very risks providers claim to eliminate when displacing short-term creditors like payday lenders. This article proposes a federal-level regulatory framework based…