How do digital wage payments benefit small businesses? – Testimonial from a restaurant manager in the Philippines

In this video, we meet Jasmine, manager at ABCT Izakaya & Kaitenzushi in Antipolo. She shares how shifting to digital wage payments has saved time and increased security for the restaurant. Payroll, which used to take a day, now takes just two minutes. The digital system also provides clear transaction records, useful for financial management and loan requests. Jasmine notes that while transitioning employees to digital payments posed some challenges, the overall benefits are significant. The ILO’s Global Centre on Digital Wages for Decent Work collaborates with the private sector and the Philippine government to promote responsible digital wage payments.

• Date: 29/08/2024
• Sector: Services
• Topics: Digital technology, Sustainable enterprises
• Regions: Asia and the Pacific
• Resource type: Multimedia
• Institutions: The ILO's Global Centre on Digital Wages for Decent Work and the Central Bank of the Philippines