The Opportunities of Digitizing Payments

The G20 s focus on financial inclusion directly contributes to its core goal of achieving strong, sustainable, and balanced growth. Studies show that broader access to and participation in the financial system can reduce income inequality, boost job creation, accelerate consumption, increase investments in human capital, and directly help poor people manage risk and absorb financial shocks.

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Bibliographic Details
Main Authors: Klapper, Leora, Singer, Dorothe
Format: Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2014-08-28
Subjects:ACCESS POINTS, ACCESS TO FINANCIAL SERVICES, ACCESS TO LOANS, ACCOUNT HOLDERS, ACCOUNT OWNERSHIP, ADVISORY SERVICES, ATM, ATM CARD, ATM CARDS, ATM NETWORKS, ATMS, AUTOMATIC ENROLLMENT, BANK ACCOUNT, BANK ACCOUNTS, BANK BRANCH, BANK BRANCHES, BANK LOAN, BANKING SERVICES, BANKING SYSTEM, BANKING SYSTEMS, BANKS, BASIC FINANCIAL LITERACY, BORROWER, BORROWING, BRIBE, CALCULATION, CASH PAYMENT, CASH PAYMENTS, CASH TRANSFER, CASH TRANSFERS, CASH-MANAGEMENT, CHAMBER OF COMMERCE, CHECKS, CONSULTING FIRM, CONSUMER CREDIT, CONSUMER EDUCATION, CONSUMER PROTECTION, CONSUMERS, CONTINGENCY, CONTINGENCY PLAN, CONTRIBUTION, CONTRIBUTIONS, COOPERATIVES, CORRUPTION, CREDIT INFORMATION, CREDIT MARKET, CURRENCY, DEBIT CARDS, DEFAULTERS, DEFINED-CONTRIBUTION PENSION, DEPOSIT, DEPOSIT ACCOUNT, DEPOSIT ACCOUNTS, DEPOSITS, DEVELOPMENT ASSISTANCE, DIRECT DEPOSIT, DIRECT DEPOSITS, DOCUMENTATION REQUIREMENTS, DROUGHT, E-COMMERCE, E-PAYMENTS, EARNINGS, ECONOMIC ACTIVITY, ECONOMIC DEVELOPMENT, ECONOMIC EMPOWERMENT, ECONOMIC GROWTH, ECONOMIC OPPORTUNITIES, ECONOMIC OPPORTUNITY, ECONOMIC SHOCKS, ELECTRONIC PAYMENT, ELECTRONIC PAYMENTS, ELECTRONIC TRANSFER, ELECTRONIC TRANSFERS, EMERGENCY SITUATIONS, EMPLOYER, EMPLOYERS, ENROLLMENT, ENTRY POINT, EXCHANGE RATE, EXPENDITURE, FAMILIES, FAMILY MEMBER, FAMILY MEMBERS, FARMER, FARMERS, FEMALE ENTREPRENEURS, FINANCIAL ACCESS, FINANCIAL DEVELOPMENT, FINANCIAL EDUCATION, FINANCIAL EXCLUSION, FINANCIAL INFRASTRUCTURE, FINANCIAL INNOVATION, FINANCIAL INSTITUTION, FINANCIAL INSTITUTIONS, FINANCIAL INSTRUMENT, FINANCIAL INTERMEDIARIES, FINANCIAL KNOWLEDGE, FINANCIAL LITERACY, FINANCIAL LIVES, FINANCIAL PRODUCTS, FINANCIAL PROVIDERS, FINANCIAL SECTOR, FINANCIAL SERVICE, FINANCIAL SERVICE PROVIDERS, FINANCIAL SERVICES, FINANCIAL SYSTEM, FINANCIAL SYSTEMS, FINANCIAL TOOLS, FINANCIAL TRANSACTIONS, FINANCING FACILITY, FOREIGN DIRECT INVESTMENT, FORMAL BANK, FORMAL FINANCIAL INSTITUTION, GENDER, GENDER ASSESSMENT, GENDER EQUALITY, GENDER GAP, GOVERNMENT ASSISTANCE, GREATER ACCESS, HOUSEHOLD FINANCE, HOUSEHOLD INCOME, HOUSEHOLD INVESTMENT, HOUSEHOLD SAVINGS, HOUSEHOLDS, HUSBANDS, INEQUALITY, INFORMAL INSURANCE, INFORMAL LOANS, INFORMAL SAVINGS, INFORMATION SHARING, INSURANCE COMPANY, INTERNATIONAL BANK, INTERNATIONAL FINANCE, INVESTING, JOB LOSS, KEY CHALLENGES, LABOR FORCE, LABOR FORCE PARTICIPATION, LABOR MARKET, LACK OF ACCESS, LACK OF KNOWLEDGE, LENDERS, LIVING STANDARDS, LOAN DEFAULT, LOAN PERFORMANCE, LOAN REPAYMENTS, LOAN TERMS, LONG-TERM SAVINGS, LOW INCOMES, LOW-INCOME, LOW-INCOME INDIVIDUALS, MARKET DEVELOPMENT, MERCHANTS, MICRO FINANCE, MICROFINANCE, MIGRANT REMITTANCES, MINORITY COMMUNITIES, MONEY TRANSFER, MONEY TRANSFERS, MONTHLY EXPENSES, OPERATING COSTS, OPPORTUNITIES FOR WOMEN, PARTNER BANK, PAYDAY LOANS, PAYMENT HISTORIES, PAYMENT INFRASTRUCTURE, PAYMENT SERVICE, PAYMENT SERVICES, PAYMENTS INFRASTRUCTURE, PENSION ACCOUNTS, PENSIONS, PERCEPTIONS OF WOMEN, POINT-OF-SALE, POLICY ENVIRONMENT, PRODUCTIVITY, PROFIT MARGIN, PROTECTION OF CONSUMER, PSYCHOLOGICAL BARRIERS, PUBLIC FINANCE, PUBLIC-PRIVATE PARTNERSHIP, PUBLIC-PRIVATE PARTNERSHIPS, RECEIPT, RECESSION, RECORD KEEPING, REMITTANCE, REMITTANCES, REPAYMENT, REPAYMENT RATES, RISK MANAGEMENT, SAVERS, SAVINGS, SAVINGS ACCOUNT, SAVINGS ACCOUNTS, SAVINGS GROUPS, SAVINGS INSTRUMENTS, SAVINGS PRODUCT, SAVINGS PRODUCTS, SMALL BUSINESSES, SMALL FARMERS, SMALLHOLDER, SMALLHOLDER FARMERS, SMART CARD, SMART CARDS, SOCIAL NETWORKS, SOCIAL SECURITY, SOCIAL SECURITY CONTRIBUTIONS, SOCIAL SECURITY PENSION, SOCIAL WELFARE, STAKEHOLDERS, START-UP, START-UP COSTS, TELECOMMUNICATIONS EQUIPMENT, TRADITIONAL FINANCIAL INSTITUTIONS, TRANSACTION, TRANSACTION COSTS, TRANSACTION FEES, UNEMPLOYMENT, UNION, URBAN AREAS, VALUABLE, VARIABLE COST, VILLAGE, WAGE, WAGES, WELFARE BENEFITS, WORTH,
Online Access:http://documents.worldbank.org/curated/en/2014/08/20163227/
http://hdl.handle.net/10986/19917
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