Visa, GSMA Foundation launch Digital Finance for All Initiative

Visa and the GSMA Mobile for Development Foundation announced the launch of the Digital Finance for All Initiative, furthering Visa’s decades-long efforts to increase access to the global economy for everyone, everywhere. This five-year initiative aims to advance digital financial inclusion for 20 million individuals, including women, small holder farmers, and nano, micro and small enterprise owners across low- and middle-income countries in Africa, Asia and Latin America. To help improve financial health, the DFA will: Deliver financial education resources through a jointly developed mobile financial literacy toolkit that enables easy delivery and scaling across markets to help enable successful access to and participation in mobile money services; Develop joint research through the Visa Economic Empowerment Institute and the GSMA Foundation focused on financial inclusion, advocacy and product innovation for women, SHFs, NMSEs and globally displaced individuals; Digitize SHFs and NMSEs to support their adoption of digital financial services to enable their resilience and growth; and Support meaningful financial inclusion and wellbeing for refugees and the communities who host them.