Tag: Mobile phones

With the rise of digital financial services, the gender gap in access to formal financial services has narrowed by the day. Digitization of the Primary Education Stipend Program (PESP) is one of the many examples where the Government of Bangladesh has used DFS to increase women’s access to financial services.

This note talks about the gains from various technologies such as ATMs, plastic cards, mobile phones, used by the present banking system to serve the people belonging to lower income.

The social and economic changes financial inclusion seeks won’t happen unless the focus is on technology, and the costs they incur providing financial services to the very poor.

This note analyses whether remittance recipients in rural areas have access to, and the ability to use, mobile phones for this purpose.