 Digital Financial Inclusion in the Fourth Industrial RevolutionDavid Mhlanga ()
Chapter Chapter 7 in Digital Financial Inclusion, 2022, pp 117-136 from Palgrave Macmillan Abstract: Abstract This chapter discusses what it means to have digital financial inclusion in the context of the Fourth Industrial Revolution. The term “digital financial inclusion” is defined as the utilization of low-cost digital tools to offer formal financial services to demographic groups that are underserved or financially excluded. One approach to characterize it is for the excluded or underserved individuals having broad access to and usage of formal financial services through digital means. This chapter is premised on the assumption that talks about how to encourage those at the base of the economicEconomics pyramid to engage in the financial activity must increasingly address the importance of digital financial inclusion. This idea is the premise upon which this chapter is built. The chapter goes into detail about the tools and the many different components of digital financial inclusion. It also goes over the many instruments that are used for digital financial inclusion. The chapter discusses not only the function of digital financial services but also the providers of those services. Keywords: Digital financial inclusion; Fourth industrial revolution (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-031-16687-7_7 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-16687-7_7 Access Statistics for this chapter More chapters in Palgrave Studies in Impact Finance from Palgrave Macmillan |
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