A new partnership between Visa and the United States Agency for International Development (USAID) seeks to boost global access to open, secure and inclusive digital government systems.
Based on the recent launch of USAID’s Digital Policy, the two will in the next five years work with government to establish initiatives that will connect local governments with their constituents.
Their effort seeks to foster economic growth in select markets by merging abilities and expertise in digital government systems, digital payments, as well as support for constituents and SMEs.
The Visa- USAID collaboration will support growth and adoption of initial digital government systems that provide convenient and secure access to government services and digital payments.
The programme will initially focus on Sub-Saharan Africa, Latin America and the Caribbean, as well as the Caucasus, with long term plans to expand further over the course of the joint work.
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“Digital government systems can help enhance transparency and efficiency between communities and governments, fostering a more favorable environment for entrepreneurs and economic development,” stated Visa Global Head of New Flows – Commercial & Money Movement Solutions, Chris Newkirk.
He added: “Through shared interests and goals, Visa and USAID will empower communities with digital and financial literacy and support access to digital systems that will help drive financial inclusion for everyone, everywhere.”
On his part, USAID Chief Digital Development Officer and Director of its Technology Division, Christopher Burns, noted that digital growth thrives when public and private sectors collaborate.
“We look forward to deepening our partnership with Visa, as we jointly work to drive digital financial inclusion for traditionally underserved consumers and strengthen digital public infrastructure across emerging markets,” noted Burns.