How Mastercard Is Bringing Digital Payments to the Global Garment Industry

The video discusses the adoption of digital payments, highlighting partnerships with major brands to digitize payrolls in labor-intensive industries like garment manufacturing. It addresses the challenges faced by the unbanked population, with a focus on financial inclusion efforts by organizations like the World Bank and Mastercard. The video emphasizes the importance of empowering women in the garment industry, noting that many lack financial literacy. Initiatives are underway to provide training and support, which not only benefits the women but also their families and future generations.

What role does the World Bank play in addressing the issue of unbanked individuals?

In what ways do women tend to spend money differently than men in emerging markets?