Some 1.5 bln people worldwide using financial services: UPU.

ISLAMABAD -- Some 1.5 billion people worldwide are using the financial services provided by Postal sector.

According to Universal Postal Union (UPU) Postal sector is therefore the second largest contributor to financial inclusion worldwide, behind banks but far ahead of microfinance institutions or mobile phone operators.

The UPU works with its members and various international organizations to better understand the contribution of postal networks to financial inclusion. The UPU's financial inclusion research...