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Alternatives to Mandating Cash Access - Coggle Diagram
Alternatives to Mandating Cash Access
Regulatory Framework
Evaluation of cash access gaps
Minimum cash access standards
FCA guidelines for banks
Technological Innovations
Expansion of cash-in-shop services
Digital solutions for cash management
Mobile apps for locating cash access points
Regular Assessments
Adaptation to changing consumer preferences
Monitoring cash usage trends
Community needs assessment
Public-Private Partnerships
Shared ATM networks
Post office banking services
Collaboration with retailers for cash services
Financial Education
Support for vulnerable groups in transitioning
Awareness campaigns on payment options
Programs on digital financial literacy