Contact us: digitalwages@ilo.org
Contact us: digitalwages@ilo.org
Areas Americas
Peru’s agro-export sector promotes responsible digital wage payments
On 29 August 2023, in the city of Trujillo, a first awareness raising workshop for local stakeholders was held to promote the responsible payment of digital wages: the payment of wages in bank accounts or electronic wallets.
Digital wages for decent work in Peru – A rapid assessment
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
Labour legislation measures that explicitly refer to digital wage payments.
Digital wages for decent work in Mexico: Findings and opportunities
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…
Digital wages for decent work in Peru
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…
Fintech to the (worker) rescue: Earned wage access and employee retention
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…
Cheque in: Increasing access to the formal financial system
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.
The rise of ‘fringetech’: Regulatory risks in earned-wage access
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…
Earned wage access and the end of payday lending
This article analyses the earned wage access market, assesses the likelihood that it will displace payday lending, and reveals some of the dangers lurking beneath the low-cost surface of these transactions. It argues that earned wage access products have the…