JAKARTA - Paylater services (pay later) are increasingly in demand because of the convenience offered. GoPay Paylater from Gojek has innovated the Pick Your Limit feature - the first time in a fintech service in Indonesia. As the name implies, this feature helps financial management where users can set their own monthly GoPay Paylater usage limit.
Neni Veronica, Head of Growth, GoPay Paylater, explained, “GoPay Paylater, the community's mainstay of financial services, continues to provide effective financial management solutions. We want to meet the different needs of GoPay Paylater users and want to have complete control over their finances with the Pick Your Limit innovation. This is in accordance with our commitment to make Paylater a trusted friend of the Indonesian people in managing finances."
Pick Your Limit will be available for all GoPay Paylater users gradually. Users must have a GoPay Paylater to be able to use Pick Your Limit. Research institute Research Institute of Socio-Economic Development (RISED) in a recent survey entitled "Perceptions of the Indonesian Market on the Utilization of PayLater Payment Features" revealed that paylater services help consumers manage cash flow (92%), plan long-term finances, including saving. The research results also reveal that people view paylaters as an alternative solution to financial management and not just a payment instrument. (LM)