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Hear from our partners and stakeholders about their experience with digital payments transformation
The world is undergoing fast digital transformation, which some have referred to as the fourth industrial revolution. Numerous economies and private enterprises have embarked on their digital transformation journeys. Ethiopia is set to follow suit. Payments are an essential enabler for this transformation and as technology enables faster and seamless transfer of data (and money) in the modern age, a robust and responsible digital payments ecosystem becomes compulsory.
Under the leadership of Honorable Prime Minister Shri Narendra Modi, India is democratizing financial services and accelerating the deployment of digital public good infrastructure that promotes financial inclusion and progress towards the Sustainable Development Goals. The UN Principles for Responsible Digital Payments have come at just the right time and will serve as an important resource to all stakeholders.
Empowering women farmers is key to ensuring the whole cocoa community thrives. Responsible digital payments and productivity enhancement programs represent a powerful lever to build a sustainable, thriving and climate-smart cocoa industry. It allows more trust, transparency, security, better access to information, financial inclusion, and higher incomes for all involved
Unilever has committed to help create income opportunities and uplift the quality of life for 5 million small and medium-sized enterprises across our retail value chain, through skills training and facilitating access to finance and technology. It’s a win for society, and our business. The revised UN Principles for Responsible Digital Payments are a critical enabler to achieving this and contributing to the Sustainable Development Goals.
Digital payments, when provided responsibly, have the potential to promote decent work by enabling millions of female and male workers around the world to have better control over their wages and benefits.
Shifting from cash to digital payments is critical to building the foundation for future investments in the world’s poorest countries. There is only one way to go about this transition: ensuring payments are made responsibly and responsively to people’s needs.