JAKARTA, July 25 (Xinhua) -- Indonesian technology giant GoTo launched the GoPay Merchant application on Thursday, aiming to provide safe and easy financial services for micro, small, and medium enterprises (MSMEs).
With this application, MSMEs can accept payments through the local QR code system, QRIS, and freely withdraw money from their sales at any time. The disbursement of sales can also be processed at the end of each business day.
GoTo's Chief Operating Officer Hans Patuwo stated at the launch ceremony in Jakarta that the GoPay Merchant app was specifically designed to meet the needs of MSMEs in Indonesia, who often find it difficult to adopt digital payments.
"Digital payment systems still pose challenges for many MSMEs in Indonesia due to complex registration processes, time-consuming disbursements, and concerns that the money they receive does not match their actual sales. We hope this application can provide a solution, ensuring safety and ease in financial services for them," Patuwo said.
GoTo is currently Indonesia's largest Internet technology company. It operates the giant e-commerce platform Tokopedia, now majority-owned by the popular Chinese social media platform TikTok.
Since merging with TikTok in December 2023, Tokopedia has reinforced its business strategy to benefit local sellers, thereby supporting MSMEs in Indonesia. ■
