Branchless Banking Regulation
CGAP defines "branchless banking" as the delivery of financial services outside conventional bank branches using information and communications technologies and nonbank retail agents. In addition to permitting banks and other traditional financial institutions to reach unbanked clients in a more cost-effective manner, branchless banking can allow nonbank actors (such as mobile phone operators and other parties) to provide financial services to the unbanked and underserved.
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