Ericsson and ASBANC work toward financial inclusion in Peru

ASBANC, Peru's National Bank Association, selected Ericsson to power next-generation mobile financial services included in its Digital Mobile Money project, the country's largest private initiative for financial inclusion. Carolina Trivelli, Digital Money Project Manager, ASBANC, explains why the project is unique and how it promotes financial inclusion in Peru.

Ericsson’s Wallet solution will power the project, which is aimed at including 2.1 million unbanked Peruvians within 5 years. The solution is explicitly tailored to provide a new channel enabling financial inclusion, providing easy-to-use and secure next-generation mobile financial services, and including those who do not have access to traditional banking services.