A financial firm has announced that it is going to test digital payments for garment factory
workers. Following a pilot, employees with apparel makers such as Levi Strauss
& Co., Marks & Spencer, VF
Corp., and nonprofit BSR (Business for Social Responsibility) will transition
from cash to computerised wages. Partner organisations will roll out this new
service in some factories in Egypt and Cambodia. Hybrid systems, consisting of
either prepaid, debit cards or digital wallets, will be used to give
workers their digital
paychecks. They will be offered financial training as well.
Factory
workers will transition to digital wages
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