Digital technology can significantly reduce transaction costs and expand reach – making it possible and even compelling for banks and other financial institutions to serve the hugely untapped low–income market.

Financial inclusion is about providing all Filipinos access to affordable and client-centered financial services that can help them build a better life for themselves and their families. According to Bangko Sentral ng Pilipinas (BSP), the goal is to develop a digital finance ecosystem that supports the diverse needs of all users in a manner that is secure, sustainable, convenient and affordable.

Learn more when you download this report from BSP.