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Global
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Global
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Financial Inclusion in Banking is the process of providing access to financial services to those who are traditionally excluded from the formal banking system. This includes individuals, small businesses, and other entities that lack access to banking services due to their location, income level, or other factors. Financial Inclusion in Banking is an important part of the global economy, as it allows individuals and businesses to access the capital they need to grow and develop.
Financial Inclusion in Banking is achieved through a variety of methods, including mobile banking, digital banking, and microfinance. Mobile banking allows individuals to access banking services through their mobile phones, while digital banking allows customers to access banking services online. Microfinance is a form of banking that provides small loans to individuals and businesses in order to help them start or expand their businesses.
Some companies in the Financial Inclusion market include Mastercard, Visa, PayPal, and WorldRemit. These companies provide a variety of services, such as mobile banking, digital banking, and microfinance, to help individuals and businesses access the capital they need to grow and develop. Show Less Read more