Covid-19: Boon and bane for digital payments and financial inclusion
Categories : Customer and Users of Digital Payments, Financial inclusion
Posted:
Author: Bank of International Settlements
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.