You're contacting media contact of this press release

Title: The Role of Flexible Pay in Promoting Economic Empowerment in Emerging Markets

In today’s rapidly digitizing world, access to modern financial tools is no longer a luxury — it’s a lifeline. Across Africa, Southeast Asia, Latin America, and other emerging markets, a new wave of fintech innovation is making it possible for millions of underbanked individuals to participate more fully in the global economy. One of the standout players in this movement is Flexible Pay, a borderless financial platform designed to empower users with modern tools for earning, saving, and spending — no matter where they are.This article explores how Flexible Pay is helping reshape financial access and economic opportunity in emerging economies through services such as cross-border payments, virtual dollar cards, interest-bearing savings accounts, and a low-fee model that makes financial empowerment truly accessible.Financial Inclusion: The Heart of Economic GrowthEmerging markets are home to over 2 billion people without access to traditional banking services in 2025. Many individuals live in regions where banking infrastructure is weak, fees are prohibitively high, or access requires documents and credit history that most people don’t have.Moreover, an estimated 36 million North Americans — roughly 12% of the population — are underbanked! While they have bank accounts, they lack access to vital credit tools such as credit cards. Deep-rooted financial disparities have constrained their opportunities, yet this group remains highly motivated: 66% actively pursue financial education, and 65% turn to financial institutions for support and solutions.Without a secure way to send or receive money, store value, or pay for online services, these individuals are often locked out of job opportunities, e-commerce, digital education, and the broader gig economy. This is where platform...

This press release is issued by King Newswire