Financial inclusion remains a key issue in South Africa, and promoting real inclusion is critical in enabling more people to improve their quality of life, says Simphiwe Phakathi, Executive Head of Sales and Distribution at EasyPay Everywhere. Financial exclusion is associated globally with persistent poverty. “At its most basic, the issue is that so many people remain underserved by traditional banking products, and so miss out on all the benefits that come with access to a modern banking system,” he says. “But the deeper challenge, the underlying cause of this financial exclusion, is that many people can’t access the financial…
Author: Staff Writer
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