Q&A: Why the Gates Foundation is working with governments to digitize payments

Daniel Radcliffe, deputy director of innovation and research on the Foundation’s Financial Services for the Poor team. Photo by: Bill & Melinda Gates Foundation

India’s most recent economic survey devotes a 40-page chapter to universal basic income. The Bill & Melinda Gates Foundation appears in the footnotes for their work with the Indian government to analyze the impact that UBI would have on financial inclusion.  

“Our role at the Gates Foundation is certainly not to evaluate the merits of UBI overall, but rather to help the government estimate how much that would expand the payments grid,” said Daniel Radcliffe, deputy director of innovation and research on the Gates Foundation’s Financial Services for the Poor team, which is responsible for expanding access to digital payment systems.

Should your team be reading this?
Contact us about a group subscription to Pro.

About the author

  • Cheney catherine%2520%25281%2529

    Catherine Cheney

    Catherine Cheney is a Senior Reporter for Devex. She covers the West Coast of the U.S., focusing on the role of technology, innovation, and philanthropy in achieving the Sustainable Development Goals. And she frequently represents Devex as a speaker and moderator. Prior to joining Devex, Catherine earned her bachelor’s and master’s degrees from Yale University, worked as a web producer for POLITICO and reporter for World Politics Review, and helped to launch NationSwell. Catherine has reported domestically and internationally for outlets including The Atlantic and the Washington Post. Outside of her own reporting, Catherine also supports other journalists to cover what is working, through her work with the Solutions Journalism Network.