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⍰ ASK How do digital payment platforms contribute to advancing financial inclusion?

Digital payment platforms are essential in advancing financial inclusion by granting individuals without access to conventional banking systems the ability to utilize financial services. They provide a convenient and economical solution for individuals who lack access to traditional banks, allowing them to efficiently handle their finances, conduct transactions, and partake in economic endeavors. These digital payment platforms can be accessed via basic smartphones, which facilitates broader involvement in the mainstream economy. The user-friendly nature and ease of accessibility help bridge the gap in financial inclusion, empowering disadvantaged communities and nurturing economic growth.
 

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