As advanced
in a previous article, innovative payment solutions offer a lot of benefits to
customers who are unbanked. Why, in the current world of finance that we
are living in, are banking services still inaccessible to some clients? This is
because they are underfunded and they tend to use other forms of payment
services such as cheque and cash dispensers, payday loans and money orders.
While there are traditional financial firms that offer similar services
to banks, they charge much higher fees.
Photo
credit: TBIT from Pixabay
Many
consumers are underfunded
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