1.7 billion people around the world are currently financially excluded

PIPC is a bi-annual event hosted by PASA (Payments Association of South Africa), the association responsible for managing payment systems in South Africa.

This international event presents a unique opportunity to the broader South African and SADC payments community to experience a world-class conference right on their own doorstep.

READ:My first earnings, I was a car guard! - Jenny Morris opens up about money

This two-day event provides a thought-provoking and insightful program with in-depth views from participants on the latest industry developments, applications and technologies.

Speaking on The Midday Report, PIPC Media Liason Marisa Oosthuizen says the focus of the event on Tuesday is financial inclusion within the payment industry.

We learned from the Bill and Melinda Gates Foundation this morning that some 1.7 billion people around the world are currently financially excluded.

Marisa Oosthuizen, PIPC Media Liason

Which basically means they don't have a bank account, they transacting just in cash using informal financial services.

Marisa Oosthuizen, PIPC Media Liason

Listen below to the full interview:


This article first appeared on 702 : 1.7 billion people around the world are currently financially excluded


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