Mastercard Study: Share of Financially Excluded Consumers in LatAm Cut in Half Since COVID-19 - Fintech Schweiz Digital Finance News

The number of cash-only consumers, or those without a financial account, has decreased substantially in Latin America (LatAm) over the past couple of years, plummeting from 45% in 2020 to only 21% in 2023, a new study by Mastercard and research firm Americas Market Intelligence (AMI) found.

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