A recent UN study has found that digitising payments for 1.4 million cocoa farmers in Sulawesi, Indonesia, can add US$711.4 million to the country’s economy.
The report, titled Scaling Responsible Digital Payments in the Indonesian Cocoa Sector, has been prepared by the United Nations-based Better Than Cash Alliance in partnership with Indonesia’s Sustainable Agriculture (PISAgro) and the Government of Indonesia. It was published on Better Than Cash Alliance’s website.
The report calls for shared responsibility and actions by the Indonesian Government, the cocoa sector, and financial service providers (FSPs) to build viable last…