Monday, 8 February 2021

Financial inclusion is possible thanks to Digital Global Pass

 

An important factor defining the popularity of Digital Global Pass’s payment facilities is the fact they promote financial inclusion. Indeed, these methods give more people an equal chance to access financial services that nowadays are considered as essential, especially during this pandemic.

Years back, online shopping websites could only be accessed by those having a bank account. This is because most traditional payment solutions ask shoppers to use their credit or debit card to complete a transaction on the Web. What about unbanked and underbanked clients? Sadly, they were not able to enjoy the same benefits. Indeed, there were thousands of consumers who could not process e-payments because they did not have a bank account.

This has led to mobile operators and financial firms coming together to find a solution. Then, the direct operator billing infrastructure was introduced. SMS+ and Internet+ function through this innovative system. Banks are not involved at all. This means that the payment solutions offered by Digital Global Pass can be accessed by a larger audience. To pay online, buyers just need a mobile account and a device which is connected to the Internet. The simplicity of the process implies that everyone with a smartphone can purchase products on the Web.


Digital Global Pass offers innovative services                 


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