East asia pacific south asia

State of Digital Payments in the Philippines - Highlights Report (2021 edition)

This highlights report captures the progress of payments digitalization in the country in 2019 and the first half of 2020.

Country Diagnostic: The Philippines (2019 edition)

The Bangko Sentral ng Pilipinas (BSP) and the Philippine Government recognize digital payments as a policy priority to enable Filipinos to seize the opportunities of the digital revolution.

In Bangladesh, key public and private sector actors commit to scaling digital wages across garment sector

bangladesh

First look at how garment workers are being paid globally

In a first study of its kind, data from nearly 3,000 factories across 58 countries, reveals that paying workers digitally correlates positively with better working conditions.

Bridging the Digital Divide and Supporting Increased Digital Trade: Scoping Study

The global economy is experiencing important technological shifts, with the rise of digital technology a key driver. This can be seen today in the rapid growth of the digital economy, broadl…

The Future of Supply Chains: Why Companies are Digitizing Payments

New report underscores benefits of shifting from cash to digital payments in corporate supply chains.

Increasing partner loyalty through digital payments

The National Dairy Development Board digitized its payments to dairy farmers – unlocking significant business and social benefits.

Increasing supply chain transparency through digital payments

Gap Inc. has helped improve factory performance and promoted worker well-being by digitizing salaries for factory workers in India.

China Breakthroughs: Pay it forward on cashless society

China cashing out as mobile payment soars (The Business Times)

China cashing out as mobile payment soars (AFP)

Accelerating Financial Inclusion in South-East Asia with Digital Finance

Focussing on women, and micro, small, and medium enterprises (MSMEs), the paper highlights that digital financial solutions could play a significant part in closing gaps in financial inclusion and povides insights from Indonesia, Philippines, Cambodia, and Myanmar.

Alipay, WeChat Near $3 Trillion

UN Report: Social Network Payments Now Reach Nearly US$3 Trillion in China

Social Networks, e-Commerce Platforms, and the Growth of Digital Payment Ecosystems in China: What it Means for Other Countries

This report examines two of China’s most far-reaching applications – WeChat and Alipay – and explores their role in the development of one of the world’s largest and most sophisticated digital payments ecosystems.

UN report: Social network payments now reach nearly US $3 trillion in China

Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses…

Digitizing Wage Payments in Bangladesh’s Garment Production Sector

This report is the first of its kind to document key data points on the costs and benefits of wage digitization from a factory perspective.

Why Women Workers and Managers Prefer Electronic Wage Payments in Bangladesh

Payday can be an ordeal for women garment workers in Bangladesh. Often, they must wait in long lines, carry wads of cash through crowded streets, or encounter a mother-in-law demanding money…

Mobile Financial Services In Bangladesh

The report provides an overview of the MFS progress in Bangladesh and discusses how selection of staff and beneficiaries from USAID agriculture and health projects are using both traditional and mobile financial services.