Using technology that is readily accessible by the retail market, we are able to bridge the physical gaps in banking with a technology-driven network. This covers several facets including fund transfer facilities, retail payments and even partnerships with merchants. Pricing is certainly another key element. Contrary to some perception, financial inclusion operates on market terms and does not require any special pricing concession.
To make this effective, we believe it to be important that the financial consumer is provided with accurate information on pricing. By expanding the provisions of the Truth in Lending Act, the pricing approach has been standardized to avoid possible misrepresentation.