There is an assumption that everyone today has a bank account. But this isn’t always the case; according to the latest report from World Bank Group, as many as 1.7 billion adults are unbanked globally. That’s roughly one-fourth of the global population, explores James Booth, VP, head of payment partnerships EMEA at PPRO. The gap between the population of the banked and unbanked is continuing to broaden. The report indicates something most people would expect, most unbanked adults live in areas of the developing world, such as Bangladesh, China, India, Mexico, Nigeria and Pakistan. However, less predictably, the main factor…
The global unbanked shoppers
The global unbanked shoppers
