Paywatch announced a memorandum of understanding with Visa to promote financial inclusion among Asia’s workforce to bridge the gap between traditional banking services and the unbanked populations in Asia.
The platform’s Earned Wage Access solution gives employees greater control over when to access their earned wages while guarding them against predatory lending practices.
They plan to extend its reach to more of Asia’s workforce and promote financial inclusion by leveraging Visa’s cross-border capabilities, network and financial literacy and digital education content.
We’re thrilled to work with Visa to reinforce our commitment to financial inclusion across Asia. As we expand, this comes at a crucial time as we seek to explore innovative financial solutions that empower our users.
Paywatch CEO Richard Kim
Paywatch is committed to creating a more financially inclusive future for Asia’s workforce.
Through innovative financial solutions, financial education, and strategic partnerships, Paywatch believes that financial inclusion is achievable and can benefit everyone.
