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Tinuku ~ supports e-commerce through the presence of financial transaction services for users without having to access the bank. The company projects e-commerce transactions in Indonesia to reach US$130 billion by 2020. This has been DOKU's primary boost to the online transaction services business.

Tinuku boost online transaction without bank account

DOKU Chief Marketing Officer Himelda Renuat said e-commerce growth in Indonesia not be separated from the support of various factors including infrastructure. The growth rate is predicted to not slow down until 2020.

The company predicts transaction value will grow to US$130 billion by 2020, but the number of e-commerce transactions has not been offset by ownership of bank accounts or credit cards. DOKU claims users not only use it to shop, but also to perform other financial activities such as transfer or pay bills.

"DOKU is here to help consumers manage their monthly routine spending and ease payment access when they to shop online. We hope to help people to smarter and wiser in managing their regular expenses," Renuat said.

Through services and collaboration from multiple parties, DOKU hopes to help partner traders grow their business by reaching out to unreached new customers because they do not have bank access.

DOKU also mentions continued efforts to expand the cashless society ecosystem by collaborating with various communities, including the developer community and holding a meeting event for users of this service on a regular basis.

The company claims to have more than 25,000 merchant partners with different segments and targets growth of 30 percent to 40 percent annually. DOKU recorded 68 percent growth during January to the end of May 2017.

DOKU was established in 2007 as the first provider of electronic payment and risk management services in Indonesia with a totality in supporting the merchant's online business needs to increase the number of transactions.


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