Providing Non-Bank Financial Services for the Underserved

This paper identifies specific opportunities for the Postal Service to offer non-bank financial services. These services could include reloadable prepaid cards with features that encourage people to save money, mobile transactions, and products that help the underserved take part in e-commerce. They also could include new ways of transferring money both domestically and internationally, and perhaps even include small loans that would help customers overcome unexpected expenses.
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