Big potential for digitizing wage payments in Cambodia’s garment factories

Originally posted on IFC's website.

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.

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“This article was published as part of BSR’s HERproject. In 2023, HERproject, Gap Inc. P.A.C.E, CARE and Better Work came together to launch RISE: Reimagining Industry to Support Equality, a collaborative initiative supporting industry to advance equality for women workers in global garment supply chains.”