Cashless payments: the unbanked should not be left behind

 

The coronavirus pandemic has given rise to cashless payments. With the growth of digital services and online buying, consumers and merchants alike are using less cash. Most people are opting to pay via cards or applications. However, we should not forget unbanked customers. Thanks to innovative settlement methods, they are able to conduct financial transactions as well. For instance, the introduction of the direct operator billing infrastructure allows those who do not have a bank account to process micropayments easily and enjoy the same solutions as others. This was not possible a few years back.

Everyone can process micropayments © Royalty-free image