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Covid-19: Boon and bane for digital payments and financial inclusion

This brief compares the approaches taken by authorities in different countries, examining the different drivers for supporting the fintech industry during the pandemic. Section 2 looks at measures to facilitate use of digital payments during lockdowns. Section 3 explores measures to safeguard the fintech sector and promote innovation in payments, as countries tentatively move towards relaxing quarantine measures and begin to restart their economies. Section 4 concludes.

Bank of International Settlements
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