A Progressive Approach to Financial

Resource published October 30, 2014

MasterCard Advisors

From Executive Summary:

A new study from MasterCard Advisors used a data-driven approach to demonstrate three key principles that will help inform the strategies to drive higher financial inclusion and realize its benefits. These principles represent new definitions and approaches to financial inclusion, most importantly: 1) Financial inclusion is a progression with payments as the optimal entry point; 2) Usage of financial products must be an explicit goal, along with access to them; 3) Understanding the current state of financial inclusion in a country can be critical to shaping its future strategy

This study helps set the strategic direction of how financial inclusion can be efficiently developed in a country. This is just a starting point, and more work within the framework provided here will need to be done to identify the specific tacics and execute them.

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