Deposit Insurance and Digital Financial Inclusion
Policy makers worldwide are increasingly appreciating the expanding role that digital financial services play in reaching financially excluded and underserved customers. Though models vary widely, all have at their heart a low-cost digital financia...
| Main Authors: | , , , |
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| Format: | Brief |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/870121480498192139/Deposit-insurance-and-digital-financial-inclusion http://hdl.handle.net/10986/25707 |
| Summary: | Policy makers worldwide are increasingly
appreciating the expanding role that digital financial
services play in reaching financially excluded and
underserved customers. Though models vary widely, all have
at their heart a low-cost digital financial product such as
e-money issued by a mobile network operator (MNO) or
financial institution that permits customers to make
payments, to transfer money, and to store value in small
amounts. This value-storage functionality enables the
offering of additional services such as digital credit and
off-grid electricity on a pay as one go basis - services
better tailored to the unpredictable cash flow of poor
households and microenterprises. |
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