The Covid-19 pandemic put a damper on a lot of progress over the last three years, but for financial inclusion it was a catalyst that drove a large increase in digital payments amid the global expansion of formal financial services. This expansion created new economic opportunities, narrowing the gender gap in account ownership, and building households’ resilience to better manage financial shocks, according to World Bank’s Global Findex 2021 database. Financial inclusion matters and is the cornerstone of development. When people have a financial account, it enables them to take advantage of other financial services like saving, making payments, accessing credit. In developing countries t
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