The ABC Guide - our journey towards a Cashless Society
What IF the financial industry worked together for everyone?
The Inclusion Foundation is a movement for social good that is bringing the financial services industry together to tackle financial exclusion.
- 1 in 4 adults will experience financial exclusion at least once
- Not having access to banking costs £500 per individual
- We could help customers save £1.3bn a year
- Inclusive services could unlock £500m for institutions
Unbanked, disowned
Many people don’t have bank and payments accounts, denying access to house ownership
Bad Credit
Many cannot access affordable credit and must take out high-cost loans. A payment account would build credit history
Increased Costs
For example, the excluded do not benefit from discounts for paying online or by Direct Debit
Our Services
To help tackle financial exclusion in the UK, The Inclusion Foundation runs three core services:
Become a Pioneer Member
Corporate Institutions or individuals can play a key role in shaping the strategy and direction of the Inclusion Foundation, make early use of IF branding and get priority in product accreditation.
Get Involved
As an industry, we can help 13 million people save £1.8bn a year while delivering financial and CSR benefits for financial institutions. If you want to help make this happen, we’re looking for your support.