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Role of Ecosystem to Increase Women’s Awareness of Inclusive IPS Services and Products

Type of Stakeholder: Instant Payment System

What The Stakeholder Can Do to Increase Women’s Awareness:

  • Lead or coordinate nationwide awareness campaigns on Inclusive IPS services, benefits, and risks
  • Provide knowledge content on benefits of IPS services
  • Include rules in its Rulebook to guide DFSP activities
  • Use inclusive branding and messaging that feature women

Type of Stakeholder: Regulator

What The Stakeholder Can Do to Increase Women’s Awareness:

  • Integrate IPS awareness campaigns into financial literacy programs like Financial Literacy Weeks or community events
  • Partner with women’s groups to disseminate broader digital financial services capability training as well as information about the Inclusive IPS
  • Ensure regulations enable easy account opening (e.g., simplified CDD)

Type of Stakeholder: Digital Financial Service Provider

What The Stakeholder Can Do to Increase Women’s Awareness:

  • Integrate financial capability training into onboarding ongoing engagement, and marketing strategies
  • Develop and offer product and services content tailored to women
  • Rely on female agents and relatable role models in promotional campaigns
  • Sustain awareness and capability building through learning moments integrated into the user payment journeys

Type of Stakeholder: Industry Associations (e.g., banking, mobile money, fintech)

What The Stakeholder Can Do to Increase Women’s Awareness:

  • Coordinate industry-wide financial literacy initiatives focused on women
  • Share best practices among members for gender-inclusive product design and marketing
  • Support capacity building on IPS design and delivery

Type of Stakeholder: Consumer Advocacy Groups

What The Stakeholder Can Do to Increase Women’s Awareness:

  • Protect women consumer rights – ensure that campaigns include clear information on rights, responsibilities, and how to avoid fraud and exploitation
  • Amplify user voices, bringing in real consumer experiences to ensure campaigns are responding to practical challenges faced by women
  • Hold institutions accountable, monitoring DFSPs and government implementation of campaigns – advocating for transparency, fairness and impact

Type of Stakeholder: End Users

What The Stakeholder Can Do to Increase Women’s Awareness:

  • With end users especially likely to trust social networks, they may play an active role in promoting payment features and warning against payment fraud
  • Different segments of end users will be more effective champions. Messages should be tailored by segment to ensure relevance to each audience.
    • Gatekeepers “give permission” to women users by modeling or training others on use of products and services. 
    • Early Adopters are important awareness builders as they show the product or service works and can benefit women as individuals and business owners
    • Merchants can serve as agents, trainers and also demonstrate real-time benefits of payments in daily purchases, bill payment and more. 
    • Local leaders can encourage gatekeepers to champion financial access for women by showing how women’s individual and business access to payments benefits the local community and economy.
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