THE LONG-RUN IMPACT OF E-PAYMENT ON FINANCIAL INCLUSION IN NIGERIA
DOI:
https://doi.org/10.51594/ijmer.v5i5.485Abstract
The link between e-payment system and financial inclusion (FI) is the fundamental interest of this paper. Series from the economy of Nigeria were adopted in testing the long-run equations of e-payment and FI. Furthermore, the normalized cointegration technique was applied to ascertain the definite relationship among our series. Our findings suggest that a long-run positive relationship existed between the surrogates of e-payments and financial inclusion in Nigeria. We recommended the widening and deepening of the e-payment mechanism in Nigeria to enhance sustainable financial inclusion.
Keywords: E-payment, Financial Inclusion, Normalized Cointegration, Nigeria.
JEL Classification:G20,G21,G28,C520.
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Copyright (c) 2023 Bernhard O. ISHIORO, Ph.D
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