What does it take to nudge low- and moderate income(LMI) population segments to adopt DFS

Categories : Customer and Users of Digital Payments, MSME's

Posted: November 17, 2020

Author: Microsave Consulting

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 attempted to understand what it takes to nudge low- and moderate-income (LMI) population segments to adopt DFS in this report.

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