🌯 Inclusive FinTech Knowledge Bites [Week #39]
Digital payments challenges for frontline workers, pitfalls of financial inclusion oversimplification, and how agent-segmented communication boosts income
This week on The Barefoot Economist:
🩺 Complexities of digital payments for frontline healthcare workers
✋🏽 Financial Inclusion over-simplification creates a complex problem
🎓 Agent-segmented communication can increase income by 36%
Enjoy your weekend reading!
Hugo Pacheco, The Barefoot Economist
🩺 Complexities and benefits of digital payments for frontline healthcare workers
Digital Payment Maps provide a critical tool for understanding the complexities of offline/online and stakeholders involved in the transition to blending digital payments across diverse healthcare systems.
The path to digital payments for frontline healthcare workers in vaccine campaigns can offer immediate, direct, and verifiable benefits over cash payments, despite the associated fees, but each ecosystem has its nuances (check details on Kenya and Ethiopia user journey), and blending momo agent networks is a key factor for leaving no one behind.
🌯 The Barefoot Insight
In a previous blog post, we explored the process of market creation through innovation, shedding light on how both discovery and distribution are essential for long-term success. While sustaining innovations enhance existing products, market-creating innovations simplify complex and costly services, making them affordable and accessible to the masses, particularly nonconsumers. Full article below
How does distribution make discoveries profitable and democratization possible?