Philippines unveils Higala: A beacon of financial inclusion

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Higala's arrival addresses a long-standing challenge in the Philippines, where a significant portion of the population remains unbanked or underbanked due to limited access to traditional financial institutions.

The Philippines has taken a significant step forward in its journey toward financial inclusion with the introduction of Higala, the nation's pioneering Inclusive Instant Payment System . This landmark initiative, spearheaded by Talino Venture Studios and Chemonics International, promises to revolutionize the financial landscape by fostering greater financial inclusion for Filipinos nationwide.

This not only empowers individuals with the convenience of digital payments but also streamlines the process for merchants to accept digital transactions.A core strength of Higala lies in its technology infrastructure, designed to cater to financial institutions of all sizes. Through white-label app solutions, Higala empowers traditional banks to transform into digital entities, expanding the reach of financial services throughout the Philippines.

 

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