Big potential for digitizing wage payments in Cambodia’s garment factories

The world is moving to digital payments. They are faster, more secure, more transparent and more efficient than cash. Digital payments can support small and medium enterprises (SMEs) and empower women and youth. The COVID-19 pandemic has accelerated the shift toward paying digitally and demonstrated clear benefits beyond cost and efficiency: by minimizing human interactions during money exchanges, reducing travel and keeping commercial establishments less crowded, and managing health risks.

• Date: 15/12/2021
• Sector: Industry
• Topics: Sustainable enterprises, Workers' rights
• Regions: Europe and Central Asia
• Resource type: News & Blogs
• Institutions: Better Work