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The country’s draft doctrine indicates that electronic banks are required to minister to populations in “underserved and unserved segments” with services and solutions that focus on the void in the market. BigPay, the financial services arm of AirAsia, runs an eWallet that has a prepaid card. million customers.
Lagging firms are currently stuck: The amount of available real-time payment networks and methods has increased in recent years, as has the number of customers using eWallets for their financial needs. Cash and check use remains high in areas where instant solutions have not yet provided meaningful alternatives.
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