back Back

PPRO integrates Jenius Pay, LinkAja into Indonesia’s payments market

By Leandra Monteiro

September 08, 2021

Share

PPRO PPRO, a leading global provider of local payments infrastructure for payment service providers, banks, and enterprises with payment platforms, has 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. Jenius, a life finance solution 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.

Kelvin Phua, Global Head of Payment Networks at PPRO shared, “PPRO has only been active in Indonesia since 2020. 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.”

Irwan S. Tisnabudi, Digital Banking Head Bank BTPN said, “Jenius believes that collaboration from various parties is needed to create a digital economy ecosystem. 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.”

Haryati Lawidjaja as CEO LinkAja said, “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.”

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.

Previous Article

September 08, 2021

4 German FinTech companies dominating the European market

Read More
Next Article

September 08, 2021

MVB Bank, Victor and NYDIG announce partnership to integrate Bitcoin

Read More








IBSi Daily News Analysis

cybersecurity

April 18, 2024

GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 19, 2024

Cashflows partners with National Association of Funeral Directors

Read More

April 19, 2024

Ant International set to create digital business centre in Malaysia

Read More

April 19, 2024

Opn appoints Vaden Landers as President and CEO of MerchantE

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023