At a glance In just the past six years, 1. We work to expand the availability of affordable and reliable financial services that serve the needs of all, including the world's poorest people. We work with our partners to support public and private investment in digital payment infrastructure, new regulatory standards, and gender equality initiatives such as digitized government benefit payments, to ensure continued progress toward the promise of financial inclusion. These include promoting the development of digital payment systems that can help spread use of digital financial services quickly, advancing gender equality to ensure that women share in the benefits of financial inclusion, and supporting the development of national and regional strategies that accelerate progress for the poor and can serve as models. We also invest in national financial inclusion initiatives, through which the largest number of people living in poverty stand to benefit, including in Bangladesh, India, Nigeria, Pakistan, Indonesia, and East Africa. We support approaches that can provide financial services to the broadest number of people, but we also recognize that countries are at different stages of developing inclusive digital financial systems and their approaches must reflect the distinct needs of their economies and citizens. Payment systems and infrastructure One of our most important priorities is the development of digital payment systems that poor people and the businesses that serve them will actually use. These systems can foster competition, drive innovation, and accelerate the development of digital financial products and services customized for the needs of low-income communities.
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Such women can play a pivotal character in empowering other women. If you are looking at helping a a lesser amount of privileged woman, make sure to clarify her the basic tenets of investing after you are done familiarizing her with the basics of using economic services. Kumari is a widow after that lives alone — her children allow moved to different parts of the country in search of work. After the first wave of the coronavirus pandemic hit the country and the government imposed a stringent lockdown en route for curb the infection, Devi found herself in a fix. At the aim of every month, my employers compensate me cash and that is can you repeat that? I rely on to sustain for my part. A few days after the lockdown was imposed, I was in alarming need of cash. Had it not been for my employer, I would have continued to be dependent arrange cash and now that I am capable of using basic banking services, life has become simpler.
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