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Branchless banking refers to financial services that are delivered without the need for traditional bank branches. Instead, it utilizes technology such as mobile banking, online platforms, and ATMs to provide banking services directly to customers. This approach increases accessibility, particularly in underserved areas, by allowing users to perform transactions, access accounts, and manage finances remotely. It often leverages partnerships with local businesses or agents to facilitate services and enhance customer trust.

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1mo ago

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