FinTech adoption and financial inclusion: Evidence from household consumption in China

• Published in: Journal of banking & finance Vol. 145; p. 106668
• Main Authors: Yang, Tong, Zhang, Xun
• Format: Journal Article
• Language: English
• Published: Elsevier B.V 01.12.2022
• Subjects: Consumption; Consumption inequality; Credit constraint alleviation; FinTech adoption; Payment facilitation; Consumption; Consumption inequality; D63; FinTech adoption; E21; D14; G10; Credit constraint alleviation; Payment facilitation

This paper provides micro-level evidence on how FinTech adoption affects household consumption and consumption inequality. Our hypothesis is that through FinTech's payment facilitation and credit constraint alleviation, higher FinTech adoption by households fosters financial inclusion by promot...