The fast growing of this financial technology in Indonesia should be thanks to the leading company Ovo and Gopay. Although the use of debit and credit card are still growing also, but not much like this two leading company. Perhaps this will accelerate the use of cashless in any transaction.
The problem still far from over, because Indonesia not only Java island. There are many place have opportunity to spread the cashless, like in Bali the tourist place, or other big economy island like Sulawesi or Kalimantan or Sumatra. The lack of technology infrastructure perhaps the barrier for the development of the financial technology in those area.
The opportunity for investment on those area are challenging, and may become sole leading market if investor open company on those place. The reality may reside on the need of big investment, since everything start from beginning. No wonder need big calculation on the planning big investment.
Actually facility like automatic cash machine(ATM) have spread across Indonesia. They still can use debit or credit card, but for local still there is a barrier using those cashless type, since the cost are bit expensive. If compare to the new cashless financial technology would be far expensive the cost how to regularly use.
Indonesia people nowadays also look for easy investment with cashless type. Fast in responding the changing of the market and easy to use. Last but not least is the profit for each investment.
