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Jakarta Post

Bukalapak provides MSMEs with integrated e-payment service

  • News Desk

    The Jakarta Post

JAKARTA   /   Thu, August 22, 2019   /   01:28 pm
Bukalapak provides MSMEs with integrated e-payment service Meatball and chicken noodle sellers trade in the Bakso and Mi Festival in Blok M Square in South Jakarta on Aug. 2. (JP/Nina Loasana)


Online marketplace Bukalapak has signed up at least 1,000 micro, small, and middle enterprises (MSMEs) in the QRIS-based integrated payment system it recently introduced.

The service, named Quick Response Indonesia Standards (QRIS), is a QR code developed by Bank Indonesia that integrates e-payment services namely Gopay, OVO, DANA, LinkAja, GoMobile, and Sakuku. Bukalapak is the first online marketplace in the country to adopt the QRIS-based integrated payment system

Bukalapak CFO Natalia Firmansyah said the involvement of the MSMEs such as warung (food stalls) and street vendors in using the QRIS-based payment system service was expected to further to promote cashless transactions in the country.

"Now, MSMEs not only can sell their products through traditional means but also adopt technology in their businesses," said Nathalia during a press briefing in Jakarta on Wednesday, adding that the company aimed to involve 2 million MSMEs in the near future.

Bukalapak's online to offline VP Rachmat Danu Andika said the company had set up an ecosystem for MSMEs to ease their business processes. "[Bukalapak partners] can use the cashless payments as venture capital because our platform also provides them with their business needs," said Rachmat.

The government is striving to develop and encourage MSMEs to apply digital technology in their businesses, said Communications and Information Ministry official Sadjan. "Collaboration with Bukalapak in MSMEs going online serves as one of our commitment to digitizing around 8 million MSMEs in Indonesia," said Sadjan. (awa)