HOW CAN FINTECHS IMPROVE CRYPTOCURRENCY SERVICES ?
CRYPTOCURRENCY
HOW CAN FINTECHS IMPROVE CRYPTOCURRENCY SERVICES ?
There are several strategies that fintechs can adopt to attract more unbanked individuals to their services .
These include :
Leveraging technology : Fintechs can utilise mobile technology and digital platforms to reach unbanked individuals , providing financial services that are accessible , convenient and secure .
Reducing barriers to entry : Fintechs can lower the costs of financial services and reduce documentation requirements to make it easier for the unbanked to access financial services .
Building trust : Fintechs can work to build trust with unbanked individuals by being transparent about their services and working to address any concerns about security and privacy .
Offering relevant services : Fintechs can offer financial products and services that are tailored to the specific needs of the unbanked , such as remittances , mobile payments , and savings accounts .
Partnering with organisations : Fintechs can partner with nonprofits , governments , and other organisations to expand financial inclusion and reach more unbanked individuals .
“FOR A CASHLESS SOCIETY TO BE TRULY SUCCESSFUL , DIGITAL PAYMENTS MUST BE ACCESSIBLE AND APPEALING TO EVERYONE ”
SAHAR SALAMA CEO & FOUNDER , TPAY MOBILE
90 April 2023