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Payment Aspects of Financial Inclusion

Author

Listed:
  • Committee on Payments and Market Infrastructures
  • World Bank Group

Abstract

In recent years, a number of reports have been prepared by organizations on financial inclusion, a topic whose importance is increasingly being recognized. However, few of these reports have addressed what may be called the “payment aspects” of financial inclusion. In cases where the topics of payment systems and payment services have been raised in the context of financial inclusion, discussion has focused only on specific aspects of payments, such as mobile payments, rather than on the payment system in its entirety. Understanding payments in a holistic sense, including how individual elements relate to one other, is crucial to an understanding of financial inclusion and to promoting broader access to and usage of financial services. This report provides an analysis of the payment aspects of financial inclusion, on the basis of which it sets out guiding principles designed to assist countries that seek to advance financial inclusion in theirmarkets through payments.

Suggested Citation

  • Committee on Payments and Market Infrastructures & World Bank Group, 2016. "Payment Aspects of Financial Inclusion," World Bank Publications - Books, The World Bank Group, number 24806, December.
    • Handle: RePEc:wbk:wbpubs:24806
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/24806/107382.pdf?sequence=4
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    Citations

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    Cited by:

    1. Barinova Vera, 2018. "Foreign experience in socially responsible business and feasibility of its implementation in Russia," Research Paper Series, Gaidar Institute for Economic Policy, issue 174P, pages 100-100.
    2. Florencia Verónica Pedroni & Gabriela Pesce & Anahí Briozzo, 2022. "Inclusión financiera, medios de pago electrónicos y evasión tributaria: análisis económico y aplicación en Argentina," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 41(73), pages 171-202, February.
    3. Aurazo, Jose & Vega, Milton, 2021. "Why people use digital payments: Evidence from micro data in Peru," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 2(4).

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