This was originally posted as a blog on BSR's website.
Wage digitization of low-income populations has the potential to be a win-win opportunity that can deliver both social and economic progress, helping countries meet the UN’s Sustainable Development Goals. For garment workers, it can mean transparency over pay, the chance to open a financial account, and greater economic empowerment. For the wider economy, it can mean improving efficiency for factories, a new market segment for financial service providers (FSPs), and citizens saving and remitting more money. This report sets out three possible future scenarios of how things might evolve for women workers. This exercise aims to assist policymakers developing Bangladesh’s digital road map—highlighting where the risks and opportunities are.
“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.”
- Financial Health
- Bangladesh