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⍰ ASK What impact do EMIs have on financial inclusion in the United States?

EMIs make a big difference in including more person in the U.S. financial system by providing easy-to-use and open financial services. They help those who find regular banks challenging by offering digital transaactions, digital wallets, and prepaid cards.

Their focus on online and digital tools makes financial services more convenient, especially for those without easy access to physical banks. This accessiibility helps people do electronic transactions, handle money online, and be part of the larger financial world.

EMIs, being tech-driven, can quickly adapt to changing financial needs, making services better for different users. This impact goes beyond regular banks, providing a flexible and inclusive way for more individuals and communities to have better financial opportunities.
 

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