Page 42 - DX Summit 2021 White Paper

Inspiration

Problems associated with cash; who has it, where it came from
and how it is being spent

Address the biggest problem in Pakistan of cash circulating, you NOTES
can’t assess value being transferred, you can’t tax so the country
cannot generate any revenue

Financial inclusion is a national agenda and it fosters inclusive
economic growth

Access to finance is a basic right, non provision of that basic right
inhibits a person's chance and ability to grow

Consumer behavior is changing exponentially with the change in
times especially because of COVID

The newer generation is not concerned with ownership, assets or
titles, they are concerned with experiences

Cost of switching is absolutely zero

Facts To Remember

Pakistan is so heavy on cash usage or cash dependency
that there is a pushback when attempts for digitization are
DX2021
made

Cash in circulation as compared to the total money supply
is 5% for developed countries in Europe and America. In
Pakistan it was 20% 8 years ago and now 35%

SMEs growth that they have to achieve and the cost of
capital that they have to pay does not tally which is why
many SMEs give up on the dream of growing