Sentences with phrase «unbanked means»

Not exact matches

People might not recognize that this is a huge chunk of the population: in the U.S., 35 to 45 per cent of low - income households are «unbanked» — which means that they possess neither a chequing nor a savings account.

Twenty percent of household (almost 25 million households) are classified as unbanked, meaning they have an account, but use alternative financial services to conduct their business.

All of the Back on my Feet member keys are tied to the nonprofit's credit card, meaning the riders can be unbanked and don't have to worry about incurring massive overage fees.

The unbanked do not have access to these items, which means they would normally be locked out of engaging in the cryptocurrency sphere.