Responsible Digital Payments: How to Prioritize Women for Financial Equality and Inclusive Economies

Responsible Digital Payments: How to Prioritize Women for Financial Equity and Inclusive Economies

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Responsible Digital Payments: How to Prioritize Women for Financial Equality and Inclusive Economies

July 12, 2023

This policy brief outlines the power of responsible digital payments in promoting financial inclusion for women. Despite the progress in recent years, 740 million women still lack access to financial services. The factors behind this are a lack of access to formal types of ID, limited financial capability and inadequate service design, among many other constraints against women. This brief emphasizes the opportunity and the importance of removing the structural barriers to women’s economic and financial participation. It offers actionable recommendations for the key steps that policymakers and other stakeholders can take to prioritize women in their efforts toward digital financial inclusion.