The pandemic has exposed troubling disparities in how people and small businesses can access and use digital technology, as well as the significant barriers communities must overcome to receive the benefits of digitization.
For Visa, digital equity and inclusion rests on two overarching foundations: enablement and the ecosystem.
Enablement refers to the action of giving someone the authority or means to do something and is the result of knowledge and skills, access to resources, and equity in opportunity. And ecosystem refers to the physical infrastructure, human networks, and governance frameworks that interact powerfully in today’s hyper-connected digital world. The Visa Economic Empowerment Institute (VEEI) draws on Visa’s experience to bring policy recommendations that reduce inequalities and remove barriers to inclusion.