73% of the population of French Polynesia had access to the internet at the beginning of 2022.
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French Polynesia
No Open Banking
According to the International Monetary Fund (IMF), fintech could potentially allow Pacific island countries to alleviate the impact of structural impediments and persistent challenges, such as geographic remoteness and dispersion, small scale, limited infrastructure, and fragile correspondent banking relationships. Fintech solutions can complement existing efforts to promote financial inclusion, enhance financial sector development, and increase inclusive growth potential, thereby reducing poverty.