The role of electronic payment means in enhancing financial inclusion in Yemen

Abstract

The emergence of electronic payment means and financial technology 
in 
general represents a fundamental transformation that requires 
reconsidering economic development plans and strategies, and address its 
goals from a closer position. The limited spread of banking services, the 
difficulty of geography, etc., no longer constitute an obstacle to the flow 
of funds and the access of financial services to all Economic units. 
This study mainly aimed to know the role of electronic payment means 
in promoting financial inclusion in Yemen by applying standard analysis 
techniques to Panel Data, which represents quarterly data for a group of 
banks and financial institutions that provide microfinance and electronic 
payment services during the period from the second quarter of 2018 to the 
fourth quarter of 2019, the study concluded that electronic payment means 
have a statistically significant positive impact on financial inclusion in 
Yemen.