Excellent insights which contributes immensly to the literature produced by Hu, Homles and CGAP. The author is absolutely correct in stating that the pandemic even though catastrophic for livelihoods and health systems, has none the less revealed how women can be empowered through well designed interventions during times of crisis. Digital wallets is one such instrument which empowers women by giving them access to financial services and paves the way for greater financial literacy (A pre-requisite for economic growth). Our experiences in the MENAP, SA, SEA regions have revealed that state/central bank regulations (often influenced by institutions such as FATF) play a critical role in the ability of governments to create digital wallets.
Excellent insights which contributes immensly to the literature produced by Hu, Homles and CGAP. The author is absolutely correct in stating that the pandemic even though catastrophic for livelihoods and health systems, has none the less revealed how women can be empowered through well designed interventions during times of crisis. Digital wallets is one such instrument which empowers women by giving them access to financial services and paves the way for greater financial literacy (A pre-requisite for economic growth). Our experiences in the MENAP, SA, SEA regions have revealed that state/central bank regulations (often influenced by institutions such as FATF) play a critical role in the ability of governments to create digital wallets.