Popular payment methods join other Indonesian market-leaders on PPRO’s platform including DOKU and OVO
SINGAPORE, SEPT. 7, 2021 – PPRO, the leading global provider of local payments infrastructure for payment service providers, banks, and enterprises with payment platforms,has today announced their integration of two of the most popular payment methods in Indonesia, Jenius Pay and LinkAja.
These latest additions to PPRO’s platform will enable international payment companies and their merchants to cater to Indonesia’s preferred payment methods, a proven way to increase sales in any local market. This integration was released in cooperation with PPRO’s partner DOKU, a leading payment technology company that enables more Indonesians to pay with their trusted payment methods when shopping online and onsite.
LinkAja is Indonesia’s national payment system platform used by more than 75 million consumers to assist cashless financial transactions. Jenius from Bank BTPN provides ease of transaction with Jenius Pay as an online transaction option using $Cashtag (a unique identity to replace account numbers for Jenius users). Jenius, a life finance solutions for digital savvy, continues to grow and gets positive feedback which currently has more than 3.3 million users.
Jenius Pay and LinkAja join Indonesia’s other preferred payment methods, DOKU and OVO, on PPRO’s platform in a move that deepens PPRO’s commitment and expands their footprint in a market increasingly recognised as a hotspot for digital payments in APAC. The digital financial services market in Indonesia is expected to be worth US$ 8.6 billion by 2025.
“PPRO has only been active in Indonesia since 2020,” said Kelvin Phua, Global Head of Payment Networks at PPRO. “Since then, we’ve added the region’s biggest payment players to our platform and been able to increase reach for companies who want to cater to the preferences of one of the world’s fastest growing markets – without the added financial and operational burdens of entering new territories.
“As strategic partners to many of the world’s biggest and up-and-coming payment companies, we’re constantly adding payment methods and services to our infrastructure. Doing so vastly reduces the cost and complexity that merchants face when helping consumers shop with their preferred payment methods.”
“Jenius believes that collaboration from various parties is needed to create a digital economy ecosystem,” said Irwan S. Tisnabudi, Digital Banking Head Bank, BTPN. “In line with the spirit of co-creation and collaboration that Jenius has carried from the start, we are excited to collaborate with PPRO in providing more complete and relevant financial services. This integration with PPRO widens our reach into the global merchant ecosystem and strengthens our endeavours to deliver life finance built around the consumer.”
“Our integration with PPRO allows us to continue our mission to accelerate financial inclusion in Indonesia, focusing on the essential needs of the lower middle class as well as micro, small and medium enterprises,” said Haryati Lawidjaja as CEO LinkAja.
Jenius Pay and LinkAja are the latest local payment methods to join PPRO’s platform including Alipay, WeChat Pay, GrabPay, Bancontact, iDEAL, BLIK, and Boleto Bancário. PPRO announced earlier this year that it had raised US$180 million, taking the firm’s total value to over US$1 billion.
About PPRO:
PPRO is the top global provider of local payments infrastructure, powering growth for payment service providers, banks, and enterprises with payment platforms.
Companies at the forefront of payments technology leverage PPRO’s unified platform, expert services, and local payment methods to boost sales in over 100 e-commerce markets worldwide. In 2020 alone, PPRO processed over $11 billion for its customers, including companies such as Citi, Mollie, PayPal, Worldpay, and many others.
With strategic local payments partnerships and a talented team of over 400 people in every corner of the world, it is the industry’s trusted provider of local payments infrastructure.
PPRO is regulated in the UK by the FCA and in Luxembourg by the CSSF. For more information, please visit www.ppro.com.