What Does It Take to Nudge Low- and- Moderate Income Population Segments To Adopt DFS
DFS can help increase the use of financial services, catalyze women’s economic empowerment and promote the development of the overall economy. However, the adoption of DFS amongst the LMI, especially women has been limited. Considering the increasing need for digital payments, especially in the wake of restricted mobility that COVID 19 imposes, MSC conducted this study in an attempt to understand what it takes to nudge low- and moderate-income (LMI) population segments to adopt DFS.
