Why do individuals with low financial or digital capacity need access to cash?

Individuals with low financial or digital capacity need access to cash primarily to support vulnerable populations without bank accounts. Many people in this situation often lack the resources, education, or access to banking services that would allow them to use digital payment methods. Cash provides a simple, accessible way for these individuals to conduct everyday transactions and meet their financial needs, such as buying groceries or paying for transportation.

Furthermore, cash transactions do not require the use of technology, such as smartphones or computers, which some may not own or know how to use. This access is crucial for those who may rely on informal networks and cash-based support systems, allowing them to participate in the economy even without a bank account. This is especially important in communities where there is a high level of unbanked individuals who depend on cash for their daily transactions and financial interactions.