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5 ways digital finance can help people escape poverty

5 ways digital finance can help people escape poverty

Almost half of adults in emerging economies still lack basic financial services. Here are five ways to help more people benefit from digital finance.

1) Make sure digital technology is available to everyone

2) Take advantage of biometrics to serve the poor

3) Ramp up use of direct deposit by the private sector

4) Stop using cash to distribute social benefits and pay government employees

5) Treat customers fairly and tailor products to their specific needs

Financial Education