Enhancing The Financial Well-being of Marginalized Sections of Society: An Instance of Daily Wage Workers Through Digital Financial Inclusion

Digital financial inclusion has emerged as an important mechanism for improving access to financial services among marginalized communities. This study examines the role of digital financial services in enhancing the financial wellbeing of daily wage workers in Tirur Municipality, Kerala. The study focuses on the adoption of digital payment systems, savings practices, financial security, and challenges faced by informal sector workers. A descriptive research design was adopted and data were collected from 100 respondents through a structured questionnaire. The findings indicate that digital financial services have improved transaction convenience, financial control, and access to formal financial systems. However, barriers such as fear of fraud, limited digital literacy, connectivity issues, and lack of awareness about government schemes continue to affect adoption. The study concludes that strengthening digital literacy programmes, improving infrastructure, and developing inclusive financial policies can enhance the benefits of digital finance among vulnerable groups.