Why Walmart And PayPal Are Tackling Inclusion Jointly

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For 73 percent of Americans, participating in the digital economy is as easy as securing internet access and entering their relevant credit, debit or bank account numbers with the merchants and service providers they want to buy from and setting up their mobile banking app. After that, paying bills, sending money to another person, booking travel, and shopping with one click is a cinch.

But for 27 percent of American consumers who are unbanked or underbanked, according to the FDIC, things aren’t nearly as seamless. For those customers many of the digitally backed transactions that have simply become the inexpensive norm for most consumers – remains a friction-laden experience that can be costly in terms of


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