Most adults in Panama do not have access to banking products (credit cards) because they do not comply with all formalities required by banks.
In addition to this, they have a bad financial planning, reasons why their only payment option is reduced to "cash" being totally excluded from all benefits of Digital Economy.
On the other hand, it is expensive for businesses to serve this segment, since they face high costs such as: leasing, human capital, mobilizing cash and security. Those who accept credit card payments must assume adhered expenses such as: monthly charge, chargebakcs, credits, etc. In general we belive that this problem affects not only the quality of life of people, but also affects us all as a society, banks, and even the government.
