The Economic Impact of Fast Payment Systems: Enhancing Financial Inclusion in Latin America

🚀 The Economic Impact of Fast Payment Systems: Enhancing Financial Inclusion in Latin America

Digital wallets have revolutionised financial access in Latin America, especially among unbanked populations. With the COVID-19 pandemic accelerating their adoption, these mobile app-based solutions are driving us towards a cashless economy, enhancing tax compliance, and reducing informality and illicit financial flows.

🌟 Highlights:
• Financial Inclusion: Digital wallets are bridging the gap for the unbanked, providing seamless access to financial services.
• Cashless Economy: The shift towards digital payments is improving transparency and reducing informal transactions.
• Fast Payment Systems: Innovations like Brazil’s PIX offer real-time, cost-effective payment infrastructure, boosting financial efficiency.

Join Luiz de Mello (OECD), Renato Gomes (Deputy-Governor of Brazil’s central bank), Cristian Acosta (Davivienda, Colombia), Sean Higgins (Northwestern University), and Tommaso Majer (OECD) in exploring best practices in digital wallets and fast payment systems, and their impact on economic activity, financial inclusion, and regulatory changes in the region.

📅 Wednesday 26 March
🕒 16:00 to 17:00 (CEST)
More info : https://oe.cd/Eco-LAC

#FinancialInclusion #DigitalWallets #Fintech #CashlessEconomy #RegulatoryChanges #LatinAmerica

Видео The Economic Impact of Fast Payment Systems: Enhancing Financial Inclusion in Latin America канала OECD ECO