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Digitizing Payments in the Time of COVID19 and Beyond

UNCDF organized this webinar to discuss how fast-tracking digital payments at a time of crisis can be crucial in delivering aid and in post-crisis recovery. Three speakers from the UNCDF Inclusive Digital Economies team, Ali Akram, Sabine Mensah and Jaspreet Singh, were invited to share their experience and expertise. The objective of the webinar was to deliver an idea of what one should consider when deciding to digitize payments in a time of crisis such as COVID-19. Some of the topics discussed included the necessary infrastructure for digital solutions to be leveraged efficiently, the implementation and onboarding processes, and the importance of working closely with regulators and private sector actors to ensure delivery and sustainability during the crisis, as well as beyond.

The UN Capital Development Fund makes public and private finance work for the poor in the world’s 47 least developed countries (LDCs). With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.

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