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flag Digital payments are rising in developing nations due to better phones and internet, boosting financial access despite ongoing security and literacy challenges.

flag A new report highlights growing adoption of digital and mobile payment systems in developing countries, driven by expanding telecom infrastructure and increasing smartphone use. flag These advancements are enabling more people to access financial services, particularly in regions with limited traditional banking. flag The shift supports economic inclusion and faster transaction processing, though challenges remain around security, regulation, and digital literacy.

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