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Pakistan Launches Payment System To Boost Financial Inclusion

PYMNTS

Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports. Pakistan has the distinction as a country where only some economic transactions happen on the books.

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Colombia using instant payments to drive financial inclusion amid the pandemic

Payments Source

Transfiya, a blockchain-based funds transfer system, is transforming payments in Colombia for the benefit of underbanked and financially excluded consumers.

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Financial Inclusion: Accelerated, Collaborative, Mobile and Global

PYMNTS

Financial inclusion is no mere buzzword in financial services. In an interview with PYMNTS, Eddie Grobler, executive vice president of ACH Systems and Integration with Vocalink , noted that financial inclusion can help individuals, families and businesses find surer financial footing on a day-to-day basis.

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Visa and TECH5 Team Up to Advance Global Digital Government Ecosystems

The Fintech Times

Digital payments company Visa has teamed up with TECH5, a biometrics and digital identity management company, to focus on the development and enhancement of digital government ecosystems on a global scale.

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Visa announces strategic collaboration with TECH5 to Advance Digital Government Ecosystems

Fintech Finance

a world leader in digital payments and TECH5 , an innovator in the field of biometrics and digital identity management, have signed a strategic collaboration agreement focusing on the development and enhancement of digital government ecosystems on a global scale. Visa Inc.,

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Visa Egypt Targets Financial Inclusion Via Payroll Cards

PYMNTS

In Egypt, Visa says that payroll card education works as a way to ensure proper use of payroll cards, and according to General Manager of Visa Egypt Tarek Mahfouz, its efforts in education for government employees are proof.

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PSR’s Annual Report reflects on an important year of delivery

Neopay

This includes variable recurring payments (VRPs) in particular, which can provide people with more choice and control, as well as support financial inclusion. The PSR also consulted on Faster Payments proposals to enable a phased rollout of VRPs.