Abstract

The chapter investigates the relationship between financial inclusion and technology. It examines whether technological developments in information and communication technologies (ICT) are contributing to wider access to and usage of financial services. Proxies for technology utilized are internet access as well as mobile phone and telephone usage. Using cross-sectional data of 168 countries, of which 48 are African, we report a significant positive relationship between financial inclusion and technology, in particular the internet access and ATMs. Thus, there is evidence that technology is fostering both access to and usage of financial services.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.