Page 43 - DX Summit 2021 White Paper
P. 43

Innovation is all about keeping up with the times.


          Missed opportunities for financial inclusion in Pakistan: cards,
          mobile money operators and intra-market partnerships                NOTES

          “The actual competition for financial sector is cash”

       Key Takeaways



           First leap needs to be taken by the customer to improve their
           own experience by analyzing their pain points and trying out
           alternate providers


           It’s time for channel migration; customers need to break their
           mental blockages


           Account to account money transfer should be immediate,
           hassle free and the process crystal clear


           Engage in predictive modeling which helps in finding new
           ways to acquire new users, and retaining the current users


           The cost of interbank transfers should not be the reason the
           customer chooses to use cash instead


           It can be solved by either giving value or lowering it a to a
 DX2021    Provide access to finances including underprivileged women                DX2021
           point where the cost does not matter




           in rural or agricultural spaces
   38   39   40   41   42   43   44   45   46   47   48