CPMI and World Bank say transaction accounts are key to financial inclusion
Organisations lay out policy priorities for financial inclusion
Transaction accounts are the key to opening up financial inclusion and policy-makers have a range of options available to them to increase their usage, the Committee on Payments and Market Infrastructures (CPMI) and World Bank said in a report published on September 9.
Transaction accounts could be anything from a traditional bank account to a mobile payments platform such as M-Pesa, so long as they facilitate electronic transactions, the report said. Opening such an account is an important
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