How electronic payments can support the achievement of financial inclusion goals
Ano de defesa: | 2021 |
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Autor(a) principal: | |
Orientador(a): | |
Banca de defesa: | |
Tipo de documento: | Dissertação |
Tipo de acesso: | Acesso aberto |
Idioma: | eng |
Instituição de defesa: |
Não Informado pela instituição
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Programa de Pós-Graduação: |
Não Informado pela instituição
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Departamento: |
Não Informado pela instituição
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País: |
Não Informado pela instituição
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Palavras-chave em Português: | |
Palavras-chave em Inglês: | |
Link de acesso: | https://hdl.handle.net/10438/31466 |
Resumo: | The access to affordable financial services is critical to poverty reduction and economic growth, that is the reason why the theme inspires public policy for many countries with the objective to foster development through access to financial services for all. Regulatory changes and technological innovation have helped the expansion of financial services, payment methods could be listed as one of the catalysts to this revolution. Our contribution to the literature is based on two pillars. First, we expand the large body of research that focuses on financial inclusion based on its definition and on the analysis of payment methods. We provide an unique analysis of the quality dimension of payments, while exploring the access and usage dimensions. Second, we provide a detailed analysis of two cases, M-Pesa, one of the most successful stories of mobile money implementation in Kenya, the world’s first country to implement a major mobile money service and PIX, the Brazilian instant payment created by the BCB that provides the possibility to transfer resources between accounts in a few seconds, any time or day. Through the literature and analyzed cases we were able to observe both best practices and possible impacts of the adoption of electronic payment methods, this way we were able to structure parallels about the expected growth of PIX and how the instant payment method can work as a tool for financial inclusion. It is important to emphasize that there are significant differences between the M-Pesa success story and the Brazilian implementation context and PIX is still taking its first steps, that is why the suggested next steps are related to exploring a larger volume of historical data to generate even more information about the impact of adopting the new payment method with regard to financial inclusion. |
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Smolarsky, Arthur FernandesEscolas::EAESPMette, Frederike Monika BudinerGama, Marina Amado BahiaCalixto, Cyntia Vilasboas2021-12-30T16:08:46Z2021-12-30T16:08:46Z2021-12-14https://hdl.handle.net/10438/31466The access to affordable financial services is critical to poverty reduction and economic growth, that is the reason why the theme inspires public policy for many countries with the objective to foster development through access to financial services for all. Regulatory changes and technological innovation have helped the expansion of financial services, payment methods could be listed as one of the catalysts to this revolution. Our contribution to the literature is based on two pillars. First, we expand the large body of research that focuses on financial inclusion based on its definition and on the analysis of payment methods. We provide an unique analysis of the quality dimension of payments, while exploring the access and usage dimensions. Second, we provide a detailed analysis of two cases, M-Pesa, one of the most successful stories of mobile money implementation in Kenya, the world’s first country to implement a major mobile money service and PIX, the Brazilian instant payment created by the BCB that provides the possibility to transfer resources between accounts in a few seconds, any time or day. Through the literature and analyzed cases we were able to observe both best practices and possible impacts of the adoption of electronic payment methods, this way we were able to structure parallels about the expected growth of PIX and how the instant payment method can work as a tool for financial inclusion. It is important to emphasize that there are significant differences between the M-Pesa success story and the Brazilian implementation context and PIX is still taking its first steps, that is why the suggested next steps are related to exploring a larger volume of historical data to generate even more information about the impact of adopting the new payment method with regard to financial inclusion.O acesso a serviços financeiros acessíveis é fundamental para a redução da pobreza e para estimular o crescimento econômico e por isso se tornou uma política pública de diversos países com o objetivo de promover o desenvolvimento por meio do acesso a serviços financeiros para todos. Mudanças regulatórias e inovação tecnológica ajudaram a expansão dos serviços financeiros, os métodos de pagamento podem ser listados como um dos catalisadores dessa revolução. Nossa contribuição para a literatura está baseada em dois pilares. Em primeiro lugar, expandimos o corpo de pesquisas com foco em inclusão financeira a partir de sua definição e da análise de meios de pagamento. Fornecemos uma análise da dimensão da qualidade dos pagamentos, ao mesmo tempo que exploramos as dimensões de acesso e uso. Como segundo pilar, fornecemos uma análise detalhada de dois casos, M-Pesa, uma das maiores histórias de sucesso na implementação de meios de pagamentos digitais no Quênia, o primeiro país do mundo a implementar um importante serviço de pagamentos móveis. O segundo caso analisado é o PIX, um arranjo de pagamentos instantâneos criado pelo Banco Central do Brasil que oferece a possibilidade de transferir recursos entre contas em poucos segundos, a qualquer hora ou dia. Através da literatura e dos casos analisados, pudemos observar tanto as melhores práticas quanto os possíveis impactos da adoção dos meios eletrônicos de pagamento, viabilizando a estruturação de paralelos sobre o crescimento esperado do PIX e sobre os possíveis impactos do meio de pagamento instantâneo como uma ferramenta de inclusão financeira. É importante enfatizar que existem diferenças significativas entre o case de sucesso do M-Pesa e o contexto de implementação do PIX. O meio de pagamentos brasileiro ainda está dando seus primeiros passos e por este motivo os próximos passos sugeridos estão relacionados à exploração de um maior volume de dados históricos com o objetivo de gerar ainda mais informações sobre o impacto da adoção da nova forma de pagamento no que diz respeito à inclusão financeira.engPaymentsFinancial inclusionM-PesaPIXPagamentosPagamentos eletrônicosRegulaçãoAdministração de empresasPagamentoTransferência eletrônica de fundosFinanças - Aspectos sociaisIndústria de serviços financeiros - Inovações tecnológicasHow electronic payments can support the achievement of financial inclusion goalsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVORIGINALTese - Arthur Smolarsky vf (2).pdfTese - Arthur Smolarsky vf 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|
dc.title.eng.fl_str_mv |
How electronic payments can support the achievement of financial inclusion goals |
title |
How electronic payments can support the achievement of financial inclusion goals |
spellingShingle |
How electronic payments can support the achievement of financial inclusion goals Smolarsky, Arthur Fernandes Payments Financial inclusion M-Pesa PIX Pagamentos Pagamentos eletrônicos Regulação Administração de empresas Pagamento Transferência eletrônica de fundos Finanças - Aspectos sociais Indústria de serviços financeiros - Inovações tecnológicas |
title_short |
How electronic payments can support the achievement of financial inclusion goals |
title_full |
How electronic payments can support the achievement of financial inclusion goals |
title_fullStr |
How electronic payments can support the achievement of financial inclusion goals |
title_full_unstemmed |
How electronic payments can support the achievement of financial inclusion goals |
title_sort |
How electronic payments can support the achievement of financial inclusion goals |
author |
Smolarsky, Arthur Fernandes |
author_facet |
Smolarsky, Arthur Fernandes |
author_role |
author |
dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EAESP |
dc.contributor.member.none.fl_str_mv |
Mette, Frederike Monika Budiner Gama, Marina Amado Bahia |
dc.contributor.author.fl_str_mv |
Smolarsky, Arthur Fernandes |
dc.contributor.advisor1.fl_str_mv |
Calixto, Cyntia Vilasboas |
contributor_str_mv |
Calixto, Cyntia Vilasboas |
dc.subject.eng.fl_str_mv |
Payments Financial inclusion M-Pesa |
topic |
Payments Financial inclusion M-Pesa PIX Pagamentos Pagamentos eletrônicos Regulação Administração de empresas Pagamento Transferência eletrônica de fundos Finanças - Aspectos sociais Indústria de serviços financeiros - Inovações tecnológicas |
dc.subject.por.fl_str_mv |
PIX Pagamentos Pagamentos eletrônicos Regulação |
dc.subject.area.por.fl_str_mv |
Administração de empresas |
dc.subject.bibliodata.por.fl_str_mv |
Pagamento Transferência eletrônica de fundos Finanças - Aspectos sociais Indústria de serviços financeiros - Inovações tecnológicas |
description |
The access to affordable financial services is critical to poverty reduction and economic growth, that is the reason why the theme inspires public policy for many countries with the objective to foster development through access to financial services for all. Regulatory changes and technological innovation have helped the expansion of financial services, payment methods could be listed as one of the catalysts to this revolution. Our contribution to the literature is based on two pillars. First, we expand the large body of research that focuses on financial inclusion based on its definition and on the analysis of payment methods. We provide an unique analysis of the quality dimension of payments, while exploring the access and usage dimensions. Second, we provide a detailed analysis of two cases, M-Pesa, one of the most successful stories of mobile money implementation in Kenya, the world’s first country to implement a major mobile money service and PIX, the Brazilian instant payment created by the BCB that provides the possibility to transfer resources between accounts in a few seconds, any time or day. Through the literature and analyzed cases we were able to observe both best practices and possible impacts of the adoption of electronic payment methods, this way we were able to structure parallels about the expected growth of PIX and how the instant payment method can work as a tool for financial inclusion. It is important to emphasize that there are significant differences between the M-Pesa success story and the Brazilian implementation context and PIX is still taking its first steps, that is why the suggested next steps are related to exploring a larger volume of historical data to generate even more information about the impact of adopting the new payment method with regard to financial inclusion. |
publishDate |
2021 |
dc.date.accessioned.fl_str_mv |
2021-12-30T16:08:46Z |
dc.date.available.fl_str_mv |
2021-12-30T16:08:46Z |
dc.date.issued.fl_str_mv |
2021-12-14 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://hdl.handle.net/10438/31466 |
url |
https://hdl.handle.net/10438/31466 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
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Repositório Institucional do FGV (FGV Repositório Digital) |
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Repositório Institucional do FGV (FGV Repositório Digital) |
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MD5 MD5 MD5 MD5 |
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Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV) |
repository.mail.fl_str_mv |
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