→ skos:prefLabel → "e-Transaction Platforms"@en
→ od:hasContext → "Approximately 3.5 billion people worldwide lack access to financial services because institutions face high transaction costs and complex logistics to reach the poor, especially in remote areas, due to the cumbersome nature of securely transporting and distributing cash. Providers of other goods and services that require distribution infrastructure and payment mechanisms share this challenge."@en
→ od:hasExample → "[FINO] offers, among other services, biometric smart card-based electronic wallets for 23 million customers to receive and spend social benefits distributed by the government of India. "@en
→ od:hasLFId → "P8", "P7_2"
→ od:hasProblem → "High transaction costs and complex logistics hinder safe payment and distribution of products and services to base of the pyramid and lowincome groups, especially in developing countries and remote areas. Often, these groups lack access to basic financial services."@en
→ od:hasReference → "(Jenkins et al., 2011)"
→ od:hasSolution → "Offering cashless accounts and payment systems to social target groups without bank access. These accounts are used in combination with e-transaction platforms that enable transactions between product and service providers and customers."@en