To us, this line of pursuing financial inclusion is more in keeping with our financial stability objectives.
The pillars of such an ecosystem that leverages on technology would include: an efficient retail payment system that facilitates delivery of digital products, especially for small value transactors; an expansive network of low cost touch points to on-board new clients and facilitate the digitizing and disbursing of cash and other financial transactions; and democratized access to a transaction account, wherein every person – regardless of economic and social stature – is able to open an account and use digital finance products.