| Abstract | Digital currencies are emerging as a transformative force in the global
financial ecosystem, with significant potential to enhance inclusive
payment systems. By leveraging digital technologies such as block chain
and mobile platforms, digital currencies enable fast, low-cost, and secure
transactions without dependence on traditional banking infrastructure.
This makes them particularly valuable for extending financial services to
unbanked and under banked populations. Central Bank Digital Currencies
(CBDCs), cryptocurrencies, and mobile-based digital money are
reshaping how individuals, businesses and governments conduct payments.
Despite their advantages, challenges such as digital literacy gaps, cyber
security risks, regulatory uncertainties, and infrastructure limitations
remain. This study examines the role of digital currencies in promoting
inclusive payments, highlights their benefits and challenges and explores
future prospects for achieving equitable access to financial services.
Keywords: crypto currencies, Central Bank Digital Currencies block chain
and mobile platforms
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