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View all search resultsUneven technological penetration and infrastructure gaps in the country have inhibited Tokopedia’s efforts to incorporate warung (kiosks) into its to online-to-offline (O2O) platform, the e-commerce company has said.
Seventy-five percent of the fintech companies reported they were still facing low financial literacy among the target market, 57 percent reported facing basic infrastructure problems and 44 percent reported facing limited capital or resources challenges.
Most Indonesians still lack access to financial services, meaning that they do not have bank accounts and lack opportunity to engage in broader economic activities. According to the World Bank Global Findex in 2017, the unbanked population was about 50 percent. Therefore, there is still much to do.
"We need to ensure that all parts of Indonesia could be connected through the internet so that the country could reap the benefits of the digital technology," Sri said during a media briefing on Tuesday.
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