This is expected to fuel an increase in the industry’s investment management activities as new clients with lower amounts of investible funds can now be tapped. Financial inclusion was a major consideration in crafting this policy amendment. We want to make investing more accessible, while providing retail investors with a greater degree of protection.
(that is) credit transfers, direct debits (for paying utility bills, for example) as well as card payments. However, there are many changing features in money nowadays: mobile payments, instant payments, P2P payments, crypto-tokens, stable coins and many more. But it’s not just about new forms of money.