True financial inclusion calls for smaller markets to receive equal attention to larger ones

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Give yourself a mid-year boost and check-in to make the most…Is TypeWhizz Real Or Another Online Scam? Let’s InvestigateThe potential for mobile money and digital payments to drive financial inclusion is immense.

And yet, the truly transformative power of mobile money and digital payments can be most realised in these overlooked economies where the reliance on cash, a lack of traditional bank accounts due to limited infrastructure and access, and the substantial penetration of smartphones and increasing internet connectivity has created the ideal confluence of circumstances that will pave the way for a more inclusive and resilient financial future.

Not only do governments play a pivotal role in developing and implementing the policies and regulations that foster a supportive framework for financial services, but investment from both the public and private sectors are essential to building the necessary digital payments infrastructure that will underpin financial inclusion on the continent.

 

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