Category Business models

Posts provide financial services to 28% of adult population worldwide, must seize digitization opportunity

The Universal Postal Union (UPU) announced the release of the Global Panorama on Postal Financial Inclusion 2016, its flagship publication on the contribution of postal networks to financial inclusion. The study reveals that 91% of Posts worldwide offer some form of financial services, either on their own or in partnership with other financial institutions. A […]

Advancing financial inclusion through access to insurance : the role of postal networks

Out of a total adult population of approximately 5.4 billion worldwide, 1.5 billion – or 28% – are getting access to financial services through a post office. In addition, recent studies have shown that Posts are comparatively better at banking specific vulnerable groups – the poor, the less educated and those in the informal economy […]