Can Digital G2P Payments Increase Financial Inclusion and Empower Women? Evidence from PESP in Bangladesh
Bangladesh’s Primary Education Stipend Program provides stipends for 13 million primary schoolchildren to 10 million mothers. In 2017 the method of payment changed from cash to mobile money. This study considers the experience of the mothers with the shift to mobile money, and to the change in payments service provider that took place in 2019, through a survey of recipients and a control group. Our analysis indicates that beneficiaries overwhelmingly support the transition to digital payments.