Visa to Train Southeast Asian Women in Digital & Financial Skills

A global leader in payment solutions, Visa has committed itself for driving digital and financial inclusion by providing important digital and financial skills to Southeast Asia’s women and the younger generation in order to drive sustainable growth and facilitate success for a longer term.

According to a new OECD report, it has been found that rural communities, women, and certain ethnic minority groups come across hurdles while realizing the full use of digital options. They encounter challenges in the path of growth on account of cultural and institutional barriers which then coupled w ith preferences towards informal financing.

Visa’s Regional President in Asia Pacific, Stephen Karpin stated, “We believe in transformative power in providing global access to digital financial tools for individuals and communities. As a key partner in Southeast Asia's financial ecosystem, Visa is committed to reaching the least served community, and ensuring they can also benefit from the digital economy.”

Visa assisted 10 million SMEs in Asia Pacific digitally in the year 2023. The Visa foundation has committed to the region for over $47 million that aided assistance to 2 million SMEs that are led by women while also helping them to sustain 500,000 jobs. This move has changed the scenarios in for women in APAC.