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.
Originally posted on 2021 December 13 at https://ifc-org.medium.com/big-potential-for-digitizing-wage-payments-in-cambodias-garment-factories-a4df770fd76f. #herfinance, #news
