We believe digital payments are making financial services more universally affordable, accessible and, therefore, have the opportunity to drive financial inclusion and financial health for billions worldwide.

In this quote, Dan Schulman highlights the transformative potential of digital payments in the world of financial services. He suggests that these technologies are not only making financial services more affordable but also more accessible to a larger population. The ability to conduct financial transactions digitally opens doors for people who may not have access to traditional banking systems, thus broadening financial opportunities for billions of people worldwide.

Schulman stresses the importance of financial inclusion, the idea that everyone, regardless of income or location, should have access to basic financial services. Digital payments, by reducing barriers such as geographical location, lack of physical bank branches, or high transaction fees, can offer more inclusive financial systems. This can lead to greater economic participation for previously underserved or marginalized groups.

The concept of financial health is also central to the quote. Schulman believes that digital payments can not only expand access to financial services but also improve the financial well-being of individuals. By enabling easier saving, spending, and access to credit, digital payments can help people make better financial decisions and manage their finances more effectively, contributing to overall economic stability.

Ultimately, Schulman’s statement emphasizes the role of technology in creating a more equitable financial landscape. The widespread adoption of digital payments has the potential to drive global financial inclusion, helping billions of people access tools that improve their economic opportunities and overall financial health.