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, GCASH in the Philippines, and Easypaisa in Pakistan, which revolutionized the financial sector in their respective countries … savings or credit cards. In Easypaisa’s case, this company positively impacts the studied indicators, probably due to its …Financial inclusion, defined as the adequate access and usage of formal financial services to improve people’s lives …
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A powerful tool to achieve equitable development is promotion of economic empowerment for marginalized citizens by increasing formal financial services access and utilization. The provision of these services via mobile phones has shown great promise in overcoming geographic, demographic, and...
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already been adopted by 14 million customers (corresponding to 68 percent of Kenya’s adult population) and processes more … transactions domestically than Western Union does globally. M-PESA’s market success can be interpreted as the interplay of three …
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