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The Evolution of Payment Systems

Insights Podcast

CHAPTER

Enhancing Financial Inclusion and Payment Innovation

This chapter discusses the initiatives taken by a bank to support isolated customers during the pandemic, emphasizes understanding diverse financial behaviors outside major urban areas, and explores the evolution of payment systems towards more customer-centric experiences. It also delves into the commercialization of open banking, debates on transaction pricing models, and highlights the significance of data in driving innovation in payment systems.

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