Showing results for "savings"
Limited access to financial services often keeps youth from realizing their potential. This blog explains how technology and innovative solutions can break down these barriers to make access to finance a reality for young entrepreneurs.
While access to bank accounts has increased significantly in India, gaps remain in financial inclusion, especially with regard to the usage of these accounts, a new study by MicroSave Consulting has revealed. Read the article to learn more.
Our blog sheds light on the hurdles Indonesian youth encounter in accessing finance and examines how the digital capabilities of different youth personas impact their financial behavior.
This blog discusses hidden pricing tactics that hinder digital financial services (DFS) adoption by low- and moderate-income (LMI) users. It also emphasizes why financial regulatory authorities must promote transparency and accountability in financial services.
Empowering rural women in Mali through savings groups. We are excited to share a compelling case study that sheds light on the transformative effects of savings groups on rural women in Mali. Their resilience and determination inspire us! Discover the impact on economic empowerment. Learn how these groups drive financial inclusion. Explore the data and success stories in this case study.
UPI broke all records in August 2023. It observed 10.586 billion transactions that amounted to INR 15 trillion (~USD 189.64 billion). It has become the preferred payment choice for digitally-savvy Indians. However, it cannot reach the feature phone users. Its penetration is limited to urban segments with high usage of smartphones and mobile Internet. India is home to 400 million feature phone users. These users have limited avenues for digital transactions. They largely depend on physical access points for financial transactions. This blog discusses an innovative offline payment solution, UPI 123Pay, and its immense potential to bring digital payment convenience to the underserved segment.