West Indies captain Hayley Matthews and all-rounder Deandra Dottin are among players from across the globe that have welcomed the ICC’s landmark decision to offer equal prize money between men’s and women’s competitions.

Matthews, Dottin, and others hailed the move by the sport’s governing body, which came ahead of the ICC Women’s T20 World Cup, scheduled to get underway in the United Arab Emirates on Thursday.

The tournament winners will receive US$2.34 million after the final on October 20, with the runners-up receiving US$1.17 million as part of a total prize pot of just over US$7.95 million.

That represents an increase of 225% from last year’s edition and makes cricket the only major team sport to have equal prize money for its men’s and women’s World Cup events.

The significant moment in cricket history has been met with acclaim from players ahead of the start of competition on Thursday, with Bangladesh set to take on Scotland at Sharjah Cricket Stadium.

“It puts a lot of respect on the game. As women and as professional cricketers, we go out there and work super hard every day, just as hard as the men do,” Matthews said ahead of their opening match on Friday.

“We are all on the world stage the same way so to get equal prize money is a huge thing. Hopefully we can see more stuff like that being done and going across the board all the way,” she added.

West Indies, who won the tournament in 2016, welcomed back Deandra Dottin into the international fold after two years away, and the legendary all-rounder was pleased to see the ICC lead the way on tournament prize money.

“It is really good to see. Change is good, it just goes to show that women’s cricket is getting taken seriously, which is a great thing. This shows we are going forward in the right direction, and we are being more respected in that area,” Dottin noted.

Bangladesh seamer Jahanara Alam is among those hoping to be in action in the opener, and the 31-year-old believes the move to equal prize money will have a long-lasting impact on the sport.

"This is inspiring for us. I believe this will be motivating and inspiring for the next generation. It is good for us as we will get financial support,” Alam reasoned.

“Parents in Bangladesh who don't want to let their daughters take up sports and only want them to study for a job or business will be inspired by this and will be motivated to send their daughters to play cricket,” she opined.

Bangladesh’s captain, Nigar Sultana, believes the move represents the broader positive changes happening within women’s cricket.

"Money is always motivating. This is a good thing, and in women's cricket, we are seeing that a lot of changes are made. That is happening in Bangladesh as well. For the whole team, it looks like if we can do well, we can achieve good things in life. So from that point of view, it really makes us happy,” Sultana stated.

The tournament will see 10 teams vying for supremacy. Australia are defending champions, having won a year ago in South Africa.

South Africa were runners-up last year and begin their campaign against West Indies in Dubai on Friday.