One of the key initiatives of USAID’s recently launched Digital Strategy is to strengthen the application of safe, regulated, and reliable digital payments. Research shows that digital payments make financial transactions more affordable, efficient, transparent, and secure. Particularly, in light of COVID-19, there is increased urgency for accelerating the growth of inclusive digital payment systems globally.
PSC has invited USAID to host a learning session to understand who is using digital payments and why; where they are being used and how; and when they are not being used and why. During the session USAID will present the Digital Strategy and how it relates to digital payments and then facilitate a guided discussion to gather information on how digital payments are being used across IPs and feedback on how USAID can best support transitions to digital payments. Key goals for the session include:
- Understand USAID’s motivation to support digital payments
- Discuss best practices in transitioning to digital payments
- Raise challenges and share potential solutions
- Inform how USAID can best support increased adoption of digital payments
Taha Gaya, USAID
Fernando Maldonado, USAID
Susannah Horton, DAI
The PSC Council of International Development Companies (CIDC) creates a dynamic, sustainable advocacy platform for U.S. development companies. The CIDC engages in thought leadership and high-level dialogue with various U.S. federal agencies and stakeholders involved in implementing U.S. foreign assistance programs through monthly committee meetings, an annual conference and other special events. In addition to advocating, educating and facilitating engagement on pressing international development issues, CIDC also informs and advocates on contracting, regulatory, legislative, business process and business development issues.
PSC POLICY LEAD
Vice President, International Development Affairs
Paul Foldi is PSC’s Vice President for International Development Affairs, where he serves as lead for the Council of International Development Companies (CIDC), focused on the U.S. Agency for International Development and the Department of State.
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October 27, 2020
1:00 P.M. - 2:30 P.M.
Free for members
Closed to nonmembers