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Discover all the payments and fintech-related news and analysis about Indonesia in The Paypers News, Reports, along with other Indonesia-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Indonesia in The Paypers News, Reports, along with other

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Boku launches e-wallet payments in Indonesia for a music streaming partner

News | Mobile Payments | 18 Aug 2020

Mobile payments and identity company Boku has announced the introduction of e-wallet payments in Indonesia for one of its global music streaming partners.

Boku, e-wallets, music streaming, subscription payments, recurring payments, payment methods

Indonesia's central bank to enforce crypto payments ban

News | Cryptocurrencies | 21 Jun 2021

Indonesia’s central bank is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments.

central bank, regulation, cryptocurrency exchange, CBDC

BSI Collaborates with Ayoconnect to Develop Open Banking

News | Online & Mobile Banking | 12 May 2022

Bank Syariah Indonesia (BSI) has collaborated with Ayoconnect to develop Open Banking in Indonesia, according to swa.co.id

partnership, Open Banking, Islamic banking

Amartha in talks to buy Indonesian bank

News | Online & Mobile Banking | 28 Mar 2022

Indonesian peer-to-peer lender Amartha is in talks to acquire 70% of local bank PT Bank Victoria Syariah.

acquisition, IPO, unbanked, funding

Arttha Digital Payments suite selected to power the LinkAja e-wallet

News | Mobile Payments | 08 Mar 2021

India-based software solution provider PureSoftware has announced that the operator of the Indonesian e-wallet LinkAja has selected its Arttha Digital Payments suite to power the core systems of the platform.

PureSoftware, LinkAja, e-wallet, mobile payments

Bukalapak raises USD 234 mln in new funding round

News | Ecommerce | 15 Apr 2021

Indonesia-based ecommerce company Bukalapak has raised USD 234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek.

Bukalapak, funding, ecommerce

Indonesia's central bank imposes QR code standardization

News | Mobile Payments | 15 Jan 2020

Fraud Prevention and Online Authentication Report 2019/2020

Bank Indonesia (BI) has officially imposed the QR code standardization called QRIS (Indonesian Standard QR Code) on January 1, 2020, Tech in Asia reports.

QR code transactions, Indonesia, mobile payment service, merchants

OneConnect to enable digitalisation of Bank Maypada

News | Digital Identity, Security & Online Fraud | 05 Nov 2021

OneConnect, a technology-as-a-service provider, has partnered with Indonesia-based Bank Mayapada to enable digitisation of banking services.

partnership, banks, digital onboarding, eKYC, artificial intelligence

Logiq, KMSB to offer a new mobile financial platform in Indonesia

News | Online & Mobile Banking | 05 Nov 2020

US-based Logiq and Indonesia’s social security programme provider, Koperasi Mona Santoso Berjaya (KMSB) have partnered to provide mobile microlending and related services.

Logiq, KMSB, Koperasi Mona Santoso Berjaya, partnership, Indonesia, BPJSTK, mobile banking, SME

Kredivo launches Buy Now, Pay Later in Vietnam

News | Online Payments | 30 Aug 2021

Kredivo, an Indonesia-based digital credit company, has partnered with Vietnam-based Phoenix Holding to launch instalment programmes in Asia-Pacific.

partnership, online payments, BNPL

ALTO adds ACI Fraud Management to its Retails Payments solution

News | Digital Identity, Security & Online Fraud | 18 Mar 2022

ALTO, an Indonesia-based interbank switch, has added ACI Fraud Management to its Retail Payments solution capabilities.

banks, partnership, ACI Worldwide, fraud management, retail

BukuKas secures USD 10 mln in Series A funding

News | Online & Mobile Banking | 14 Jan 2021

Indonesia-based BukuKas has secured USD 10 million in its Series A funding round to increase user acquisition.

BukuKas, Indonesia, startup, fintech, Sequoia Capital, funding, SMEs, digital banking, mobile banking, e-invoicing

Bank Indonesia extends relaxed credit card rules until June 2022

News | Cards | 27 Oct 2021

Bank Indonesia has prolonged its credit card rules set in May 2020 to further support economic recovery due to the pandemic.

banks, credit card, regulation, central bank

How can European companies win in Indonesia's ecommerce market?

Voice of the Industry | Ecommerce | 21 Sep 2021

Kelvin Phua of PPRO makes a rundown of the latest trends, new-comers, innovation and dynamics of the current Indonesian ecommerce market

ecommerce, e-wallet, online payments, marketplace, local payment method

Facebook to roll out mobile payments service in Indonesia

News | Mobile Payments | 21 Apr 2020

Facebook has partnered with three Indonesia-based fintech companies to release a mobile payments service in the country, according to South China Morning Post

Facebook, Indonesia, mobile payments, fintech, WhatsApp, Instagram, Bank Indonesia, e-wallet, Gojek, GoPay, LinkAja, startup, Ovo, Lippo Group, Grab

PPRO integrates Gojek's GoPay e-wallet onto its platform

News | Online & Mobile Banking | 23 Jun 2022

PPRO, a provider of digital payments infrastructure, has integrated Gojek’s GoPay e-wallet onto its platform, helping PPRO to offer better coverage of the Indonesian market.

partnership, BNPL, payment methods, Unicorn, digital payments

Indonesia's Pluang raises USD 55 mln in funding

News | Online & Mobile Banking | 14 Jan 2022

Indonesia-based fractional investing app Pluang has raised USD 55 million in a follow-up to its Series B round held in 2021.

funding, investment, wealth management, digital assets

GoTo announces IPO on Indonesia Stock Exchang

News | Ecommerce | 16 Mar 2022

The fusion between ride-hailing startup Gojek and ecommerce company Tokopedia, trading under the name of PT GoTo has announced its plan to carry out an initial public offering (IPO) on the Indonesia Stock Exchange (IDX) market. 

IPO, Unicorn, GoTo Group, ecommerce, delivery

LINE and PT Bank KEB Hana Indonesia launch LINE Bank in Indonesia

News | Online & Mobile Banking | 11 Jun 2021

Indonesia-based LINE has announced the launch of the digital banking platform LINE Bank by Hana Bank, a collaboration between PT Bank KEB Hana Indonesia, and LINE Financial Asia.

digital banking, mobile banking, partnership, fintech, eKYC

Open Finance: Transforming payments in Indonesia

Voice of the Industry | Online & Mobile Banking | 29 Nov 2021

Open Finance might just be the solution to transform Indonesia's payments infrastructure. Diego Rojas, Co-Founder and CEO of Finantier has a strong insight on the matter

Open Banking, Open Finance, transactions , API, regulation