FINANCIAL INCLUSION

A KEY ASPECT OF ANY FINANCIAL ENTITY
For a financial entity, the development of digital wallets has not only resulted in a profitable product, but has also been an act of corporate social responsibility.
Currently, digital wallets facilitate access to financial services and represent an opportunity for the financial and digital inclusion of sectors that are completely or partially outside the banking system.
You can find more information on the role of financial entities in digital inclusion by downloading our white paper.


    For a financial entity, the development of digital wallets has not only resulted in a profitable product, but has also been an act of corporate social responsibility.

    Currently, digital wallets facilitate access to financial services and represent an opportunity for the financial and digital inclusion of sectors that are completely or partially outside the banking system.

    You can find more information on the role of financial entities in digital inclusion by downloading our white paper.


      TOWARDS A CASHLESS SOCIETY

      The pandemic accelerated the transition towards a society without cash, and interest in digital currencies grew significantly in 2020. Many people found themselves obliged to make payments without contact, and this resulted in a great increase in the installation of mobile payment apps in Latin America. According one report from the Banco Central, the ratio of electronic payments to cash withdrawals in 2020 was more than was more than 2 to 1.

      THE ROLE OF VIRTUAL WALLETS

      By developing a digital wallet, Banks can take advantage of the massive growth of the digital economy while encouraging the inclusion of wide sectors of society. The increasing presence of cell phones creates opportunities to channel digital wallets through these devices. More information on virtual wallets as tools for inclusion in our white paper.

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