Visa and USAID to Enable Inclusive Digital Government Ecosystems and Payments Digitization

Visa (NYSE: V), a firm focused on digital payments, announced it is working jointly with the United States Agency for International Development (USAID) to improve access to digital government systems.

Following the launch of USAID’s Digital Policy, Visa and USAID will work together to develop programs to assist governments in adopting platforms that connect their constituents with local government services.

The joint work aims to promote economic development and growth in select markets by combining capabilities in digital government systems, payments, and support for constituents as well as SMEs.

Visa and USAID are working to support the development of foundational digital government systems that will provide constituents with convenient and secure access to government services and digital payments.

Initial regions of focus will be Sub-Saharan Africa, Latin America, the Caribbean, and the Caucasus, with the scope to expand further over the course of the joint work.

This work builds on a “long-standing” relationship between Visa, Visa Foundation, and USAID to drive digitization and financial inclusion globally.

Visa and USAID are reportedly working with Ukraine’s Ministry of Digital Transformation to develop Diia, a mobile app that has helped connect 19 million Ukrainians with more than 120 government services.

Visa Foundation works with USAID as a founding member of the Climate Gender Equity Fund (CGEF), an initiative of the Women in the Sustainable Economy (WISE) Initiative, where Visa Foundation “committed grants and investments to support an estimated 1.4 million gender equitable and climate-smart small businesses globally.”

Together, Visa and USAID aim to continue to help improve livelihoods, bolster economic opportunities, and close the gender digital divide in developing markets .

As covered, Visa is facilitating transactions between consumers, merchants, financial institutions, and government entities “across more than 200 countries and territories.”

Their mission is to connect the world via the secure payments network, enabling individuals, businesses, and economies to succeed.

Visa believes that economies that include “everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement.”

The United States Agency for International Development (USAID) is the United States government agency that “leads international development and humanitarian assistance efforts to partner countries.”

They work together with individuals, communities, and countries around the world to “improve everyday lives.”

USAID efforts provide humanitarian assistance, “reduce poverty, strengthen democratic governance, advance economic opportunities, and help achieve progress beyond programs.”

In the 21st century, we live in an “interconnected” world.

Their work benefits people around the world, including those in the United States.

Many of the issues that they are encountering in the United States, like pandemics, climate consequences, and “threats to the rule of law, are issues that people around the world are also facing.”

USAID’s investment in communities helps achieve sustainable development progress, advancing “collective security, health, and prosperity.”



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