Financial inclusion through digital wallets and mobile banking

This research involves the digital wallets and money banking technologies for the people by financial inclusions. It mainly involves the modern banking which is rising rapidly in the present day and different from the traditional banking. The aim of the study is to examine how well the underserved people and uneducated people have gained knowledge on financial inclusions and its system. Financial services are very effective to use in today’s world and every individual should be aware of it. Using the technological world we have analyzed that people uses mobile banking actively in India and throughout the world . As a result, the government also actively participates in the financial inclusions and its related matters. And the technology has created great opportunities for the unbanked individuals who were unaware about the digital payment systems. It is very cost saving and saves money very well by adopting mobile banking. This has created a huge impact on the world wholly and provided its customers to aim and seek for the larger markets and also helped the providers in improving their financial sector more effectively. It also created many employment opportunities and its impact is huge on the world.