HERfinance Resources

Get Involved Join Our Mailing List

230 million unbanked adults globally receive their private-sector wages in cash. However, cash is risky, inefficient, and disempowering. Digitizing wages is an effective way to bring large numbers individuals into the formal financial sector while also increasing the efficiency and transparency of wage payments. When wage digitization is accompanied with training that covers both the technical aspects of how to use digital accounts, and money management techniques (such as budgeting and saving) it can lead to greater financial resilience for workers. In addition, digitizing wages in industries that employ a large number of women – such as the garment sector-, has the unique potential to close the financial inclusion gender gap, and promote economic empowerment for women.

The Digital Wages resource hub aims to centralize and share the different tools that have been developed to help companies and organizations integrate wage digitization in a way that considers the needs of female workers. These resources draw on learning from wage digitization programs, however, are relevant and can be used by any digitization of payments initiative. For further information, please contact us.

List of Resources


Filters

Country
Content Type

Scaling the Impact of Digital Financial Services: The Opportunity and Imperative during COVID-19 thumbnail
Blog

Scaling the Impact of Digital Financial Services: The Opportunity and Imperative during COVID-19

In this blog, Payal Dalal, Senior Vice President of Mastercard Center for Inclusive Growth and Christine Svarer, Director of HERproject discuss the opportunity to accelerate the transition to digital financial services and generate positive impact for low-income workers across the global supply-chains, and considerations required to ensure the transition is inclusive, effective, and beneficial to all.

Digitizing for Inclusion: Insights from Wage Digitization in the Garment Sector thumbnail
Report

Digitizing for Inclusion: Insights from Wage Digitization in the Garment Sector

The COVID-19 pandemic crisis has emphasized the need for global supply chains to move away from a predominantly cash-based system. This report shares five lessons and insights from HERfinnce Digital Wages program that can be valuable to everyone working collectively to scale digital financial services across multiple use cases, including wages and government payments.

Building Financial Resilience of Low-Income Groups for Emergency Preparedness: Experiences from HERfinance India thumbnail
Blog

Building Financial Resilience of Low-Income Groups for Emergency Preparedness: Experiences from HERfinance India

To better understand the most pressing financial challenges facing workers during COVID-19, the HERproject team in India conducted informal interviews with workers and factory management. This blog shares the positive experiences managers and workers had while participating in HERfinance programs and key learnings in increasing economic security for low-income workers.

HERfinance Wage Digitization in Bangladesh: Applying a Gender Lens thumbnail
Report

HERfinance Wage Digitization in Bangladesh: Applying a Gender Lens

This brief explains wage digitization and its potential to contribute to women’s empowerment, presents learnings from HERfinance Digital Wages Program, and provides recommendations for employers and practitioners to ensure wage digitization is gender responsive and that women fully benefit from the transition.

Rapid Wage Digitization in Bangladesh: Implications for Women in the Era of COVID-19 thumbnail
Blog

Rapid Wage Digitization in Bangladesh: Implications for Women in the Era of COVID-19

With reference to Bangladesh’s rapid digitization program in response to COVID-19, this blog highlights how the large-scale digitization of wages can benefit women, as well as the barriers and challenges that needs to be addressed to deliver the full benefit of wage digitization.

The Digital Payments Opportunity: A Conversation thumbnail
Blog

The Digital Payments Opportunity: A Conversation

In this blog, Better Than Cash Alliance's Marjolaine Chaintreau and BSR's Chhavi Ghuliani discuss the progress of digital wages, the benefits it can bring, and the ways that different actors can contribute to its success.

HERfinance Wage Digitization in Bangladesh: Applying a Gender Lens thumbnail
Video

HERfinance Digital Wages: Small Investment, Big Impact

230 million unbanked adults globally receive their private-sector wages in cash. However, cash is risky, inefficient, and disempowering. BSR has therefore partnered with the Bill & Melinda Gates Foundation to digitize wage payments for low-income workers in global supply chains. This video shows the impact on one woman's life.

Digital Wages Positive Impact for women and business thumbnail
Blog | Report | Video

Digital Wages Positive Impact for Women and Business

HERfinance Digital Wages has been implemented in Bangladesh with meaningful impact in the lives of women workers. While earlier this year over 100,000 women workers in Bangladesh had been included, that number has been growing rapidly with increased digitization in Bangladesh. The results of wage digitization have been significant in both the lives of women workers and in supporting more efficient business operations in the workplace. These publications presents the impact of HERfinance Digital Wages Program in Bangladesh, outlining the positive impact on both factories and workers. It also outlines challenges and recommendations relating to gender barriers, the RMG industry, and Mobile Financial Services.

Financial Behavior of Female Garment Workers in India thumbnail
Report

Financial Behavior of Female Garment Workers in India

This quantitative research analyzes financial inclusion from three aspects: (i) Opportunities and challenges for women garment workers’ access and use of financial products and services; (ii) Intended and unintended consequences of increased financial inclusion; (iii) Women’s adoption and usage of Digital Financial Services products.

HERfinance Digital Wages Toolkit for Managers thumbnail
Tool

HERfinance Digital Wages Toolkit for Managers

BSR's HERproject and Mastercard Center for Inclusive Growth have developed a technology learning tool to support garment factories with the transition from cash to digital wages. Based on HERfinance Digital Wages program developed in partnership with the Bill & Melinda Gates Foundation, the tech learning tool uses engaging films, quizzes and animations to support workers to increase their financial health and benefit from digital wages. The tech learning tool also increases workers digital literacy and confidence to use technology, especially for women. Available in English, Bangla, Khmer, Simplified Chinese, and Arabic.

HERfinance Digital Wages Toolkit for Managers thumbnail
Video

HERfinance Digital Wages Videos and Animations

HERfinance Digital Wages videos and animation, developed with QuizRR, are part of HERfinance Digital Wages Tech Learning Tool in Bangladesh and Cambodia. All films and animations are directly available on our HERproject YouTube channel, and give engaging guidance and information for workers around financial services and improving financial health. They follow HERfinance Digital Wages curriculum, and can be used during training, or shown on their own—such as in factory canteens.

HERfinance Digital Wages Tech Learning Tool for Workers thumbnail
Tool

HERfinance Digital Wages Tech Learning Tool for Workers

HERfinance Digital Wages Tech Learning Tool, developed by HERproject and Mastercard Center for Inclusive Growth, in collaboration with QuizRR, uses engaging films, quizzes, and animations to support workers to increase their financial health and benefit from digital wages. The tool also increases workers' digital literacy and confidence to use technology, especially for women.

Access to training materials like this requires an account for funder-reporting purposes. Please create an account or, if you have one already, please login.

How Technology Can Take Financial Inclusion Training Further and Deeper thumbnail
Blog

How Technology Can Take Financial Inclusion Training Further and Deeper

This blog explains how the HERfinance Digital Wages Tech Learning Tool incorporates technology to make learning and training more engaging for workers. It also discusses how technology can play a role in bridging the digital gender divide and giving women the skills that they will need in the economies of the future.

Merina’s story thumbnail
Impact Story | Video

Merina’s Story

In this video, Merina Akter—a worker in a garment factory in Bangladesh—shares her story of how having mobile money account prevented a thief from stealing her family’s savings and her learnings from with HERfinance Digital Wages Program.

Azad’s story thumbnail
Impact Story | Video

Azad’s Story

In this video, Abul Azad—a Compliance Manager at a factory implementing HERfinance Wage Digitization Program—recounts his experience with the program and its impact on the factory and its staff, including the benefits for business and for workers.

Lucky's story thumbnail
Impact Story | Video

Lucky's Story

In this video, Mosammot Lucky—a HERfinance Peer Educator—recounts her experience with HERfinance Digital Wages Program and her transition from cash to mobile money wallet.

Financial Needs of Garment Workers in India thumbnail
Report

Financial Needs of Garment Workers in India

This report examines the opportunity to expand financial inclusion for women in India’s garment sector by increasing women’s access to and use of mobile financial products and services. Doing so can fulfill the promise of financial inclusion to advance gender equality and women’s empowerment, improve livelihoods, and spur economic growth.