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.

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    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 and innovation 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 from all over the world, and freelanced for outlets including the Atlantic and the Washington Post. She is also the West Coast ambassador for the Solutions Journalism Network, a nonprofit that trains and connects journalists to cover responses to problems.