Payment Aspects of Financial Inclusion
In recent years, a number of reports have been prepared by organizations on financial inclusion, a topic whose importance is increasingly being recognized. However, few of these reports have addressed what may be called the “payment aspects” of fin...
| Main Authors: | , |
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| Language: | English en_US |
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Bank for International Settlements and World Bank
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/08/26625119/payment-aspects-financial-inclusion http://hdl.handle.net/10986/24806 |
| Summary: | In recent years, a number of reports
have been prepared by organizations on financial inclusion,
a topic whose importance is increasingly being recognized.
However, few of these reports have addressed what may be
called the “payment aspects” of financial inclusion. In
cases where the topics of payment systems and payment
services have been raised in the context of financial
inclusion, discussion has focused only on specific aspects
of payments, such as mobile payments, rather than on the
payment system in its entirety. Understanding payments in a
holistic sense, including how individual elements relate to
one other, is crucial to an understanding of financial
inclusion and to promoting broader access to and usage of
financial services. This report provides an analysis of the
payment aspects of financial inclusion, on the basis of
which it sets out guiding principles designed to assist
countries that seek to advance financial inclusion in
theirmarkets through payments. |
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