As More Low-Income People Generate Digital Trails, Women Lag Behind
Digital financial inclusion is a necessary policy to enable women to be digitally included and economically empowered. As data-driven models within financial services become more prevalent, women who already lag behind men in financial access and usage could be further disadvantaged if financial services providers (FSPs) do not account for gender-based differences in the generation of data trails. In this blog by the
Consultative Group to Assist the Poor, Arisha Salman and Maria Fernandez Vidal examine five gender-based findings on the data trails being generated by low-income individuals, and propose potential paths for FSPs and financial sector authorities to address these gaps. Women in low- and middle-income markets are 18 percentage points less likely to own a smartphone and 16 percentage points less likely to use mobile internet than men. Even among those who own a smartphone, women are more likely to have a lower-quality device.
https://www.cgap.org/blog/more-low-income-people-generate-digital-trails-women-lag-behind
Related Articles:
