Digitalizing wage payments is one of the most effective tools in driving financial inclusion. A study indicated that more than half of adults in developing countries opened their first bank accounts to receive digital wage payments. For employers, digital wage payments bring significant gains such as productivity improvement, accuracy, safety, access to finance and markets, and enterprise formalization. BSP deputy governor Bernadette Romulo-Puyat said that given the value of digital wage payments to both the labor and the business sectors, the promotion of the shift from cash to digital payments should be sustained. Forum participants shared valuable insights such as strengthening security and infrastructure to enable wider adoption of digital wage payments.