Oct 14, 2024, 12:50 PM
Oct 14, 2024, 12:50 PM

DOKU and Optimus Celebrate Payment Innovation Milestone in Indonesia

Highlights
  • DOKU processes over 300 million transactions annually, thanks to its partnership with Optimus Fintech.
  • The collaboration has led to a 100-fold increase in settlement processing speed and automated reporting systems.
  • This achievement marks a transformative moment for Indonesia's digital payment landscape.
Story

In Indonesia, DOKU, a leading payment fintech company, has reached a significant milestone in its partnership with Optimus Fintech. This collaboration has enabled DOKU to process over 300 million transactions annually, showcasing a remarkable 100-fold increase in settlement processing speed. The improvements have also led to enhanced multi-way reconciliation and fully automated reporting systems, allowing merchants to receive payments promptly, which fosters trust and business continuity. CEO Chris Yeo expressed excitement about the transformative impact of this partnership, particularly with the upcoming launch of an AI-powered Fees & Commissions module that aims to ensure transparency and fairness in merchant interactions. Optimus Fintech's CEO, Swapnil Mengawade, highlighted the journey since their collaboration began in 2022, emphasizing the vision and determination of DOKU to lead the digital payment revolution in the region. The advancements in finance operations and settlement speeds have not only met but exceeded the demands of the growing e-commerce sector in Indonesia, unlocking significant potential for both businesses and consumers. This success marks a new era for the digital economy in Indonesia, driven by innovative technology and strategic partnerships.

Opinions

You've reached the end