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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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 is sending supervisors out to ensure local financial institutions aren’t defying the nationwide ban of crypto payments.
central bank, regulation, cryptocurrency exchange, CBDC
Bank Syariah Indonesia (BSI) has collaborated with Ayoconnect to develop Open Banking in Indonesia, according to swa.co.id.
partnership, Open Banking, Islamic banking
Indonesian peer-to-peer lender Amartha is in talks to acquire 70% of local bank PT Bank Victoria Syariah.
acquisition, IPO, unbanked, funding
PureSoftware, LinkAja, e-wallet, mobile payments
Bukalapak, funding, ecommerce
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, 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
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, 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, an Indonesia-based interbank switch, has added ACI Fraud Management to its Retail Payments solution capabilities.
banks, partnership, ACI Worldwide, fraud management, retail
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 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
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 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, 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-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
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
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 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