Central Banking

Financial exclusion in Europe driven by move away from cash, study finds

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A report due out tomorrow on financial inclusion in the European Union has found that a generalised shift towards new payment services such as cards, internet and mobile payments may leave many people behind, while also making it more difficult for them to pay in traditional ways such as cash.

The study was conducted by Brussels-based NGO the European Foundation for Financial Inclusion (EUFFI), which aims to promote financial inclusion in Europe. A pre-publication copy was presented to European

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