In this interview, Leora Klapper, Lead Economist at the World Bank and a Steering Committee Member of our Global Centre on Digital Wages for Decent Work shares insights on barriers, opportunities, and recommendations for the transition to responsible digital wage…
In Kenya, 78% of wage earners now receive digital payments, a remarkable increase from 55% in 2014, thanks to mobile money innovations. However, challenges remain in transitioning from cash wages to responsible digital payments. Together with Regio Trade, we conducted…
In light of the global trend towards digital payments, the importance of digital wages is on the rise. This interview by the Asia Garment Hub features Virak Nuon, our Digital Wage Officer, based at Better Factories Cambodia, talking about how…
The ILO and Apindo join forces to promote the transition from cash to responsible digital wage payments by signing a Collaboration Agreement. This will enable Indonesian workers to have better control over their wages and benefits. The ILO and Apindo…
The benefits of digital wage payments, reinforced by the COVID-19 pandemic and an improving financial infrastructure, have encouraged garment factories in Cambodia to move from cash to digital. Yet, many other factories still need to make the switch. In this…
Many garment workers face challenges when they first get their wages through a bank account. There are challenges for employers too as they must ensure that the switch from cash to digital wage payments takes place, responsibly so that it…
Digital wage payments (wages paid into a bank or mobile account or a prepaid card) have become the norm for most workers worldwide. But millions of workers still lack access to them. When designed and offered responsibly, digital wage payments…
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…
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…
Digital financial services offer real hope to help the world get back on track from the severe negative impacts from COVID-19. Building on the success of the 2018 edition, this new version provides updated and extensive evidence-based examples of the benefits…