DigitalCFO Newsroom | 31 March 2022
AsiaPay Indonesia, today announced a joint partnership in providing consumer a flexible installment payment option across Indonesia businesses through their digital payment service platform.
AsiaPay Indonesia, a subsidiary of the AsiaPay Group which is a leading digital payment service provider and also a payment technology solution vendor in Asia, and Indodana, Asia’s leading buy now pay later platform, today announce a joint partnership in providing consumer a seamless, flexible installment payment option during the checkout at thousands of online, mobile and offline retail across Indonesia businesses through our BimoPay’s digital payment service platform.
Indodana is the Indonesia’s top fintech lending services platform and installments payment provider which is registered and supervised by the Financial Services Authority (OJK). Merchants can provide convenience, security, and simplicity for customers to make payment at the checkout using its trusted PayLater services instead of credit cards. It’s safe and easy!
Through this partnership, BimoPay and Indodana will be able to support businesses in different sizes with fast and secure solutions to simplify online and mobile payment processing, reduce operational costs and minimize the risk of fraud in every payment transaction.
“In the post-economic era of the epidemic, “BNPL” is developing rapidly around the world, playing a positive role in alleviating economic pressure, promoting consumption, and boosting the digital economy.” AsiaPay CEO, Joseph Chan, said: “We are pleased to partner with Indodana to allow our BimoPay merchants achieving a higher sales conversion and offering their customers a more convenient payment experience during the current difficult time.”
Indodana Director Jerry Anson said, “We are pleased with this strategic collaboration with AsiaPay. We believe this joint partnership will bring positive value for Indonesian customers where Indodana keeps expanding its products to reach and help more Indonesians so they are able to experience easy, comfortable, and safe digital financing payments such as BNPL services. Furthermore, we are optimistic that Indodana PayLater feature in the AsiaPay system will bring a good impact to the increase in digital transactions at AsiaPay merchants as well as supporting the acceleration of the financial inclusion in Indonesia.”