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Financial Access for All: How Digital financial Services are Expanding Financial Inclusion in Egypt

المصدر: مجلة البشائر الاقتصادية
الناشر: جامعة طاهري محمد، بشار - كلية العلوم الاقتصادية والعلوم التجارية وعلوم التسيير
المؤلف الرئيسي: Benzeroual, Khawla (Author)
مؤلفين آخرين: Kerzabi, Dounia (Co-Author)
المجلد/العدد: مج10, ع2
محكمة: نعم
الدولة: الجزائر
التاريخ الميلادي: 2024
الشهر: جوان
الصفحات: 416 - 434
DOI: 10.33704/1748-010-002-025
ISSN: 2437-0932
رقم MD: 1475938
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Financial Inclusion | Digital Financial Services | Cashless Payments | Digital Products | Egypt
رابط المحتوى:
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المستخلص: The digital revolution has significantly transformed the landscape of financial inclusion, leading to substantial advancements in this field. This study aims to analyse Egypt's endeavours in leveraging digital financial services as a catalyst for enhancing financial inclusion, utilizing a descriptive analytical approach to scrutinize secondary data from the Central Bank of Egypt, the global data findex concerning financial inclusion rates and the growth of digital financial inclusion in Egypt from 2011 to 2022. It provides an overview of the current state of financial inclusion, the impact of digital financial products, and Egypt's initiatives toward financial inclusivity. Findings indicate significant progress in financial inclusion over the years facilitated by digital financial services, marked by an increase in account ownership and the proliferation of cashless payment systems such as InstaPay and Fawry. However, The implementation of targeted strategies are critical to address knowledge gaps and build trust in digital financial services among the underserved populations.

ISSN: 2437-0932

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