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Home » Financial inclusion » Impact on vulnerable groups

Facts

Financial inclusion

Impact on vulnerable groups

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Vulnerable groups such as migrants, low-income, over-indebted, old and disabled people are reportedly experiencing difficulties in using new payment technologies or cannot have access to them for different factors (that lack of digital literacy, income, residential status, mobility and more).[1]

 

[1] EUFFI Report on Financial inclusion and new means of payment, May 2013

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According to the European Commission “Europe’s 400 million Internet users face a geographic lottery regarding the price, speed, and range of choice of broadband”.

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