Kredivo and Bukalapak launch paylater feature
JAKARTA - The pandemic has increased people's penetration of the digital economy, especially e-commerce. Bank Indonesia estimates that e-commerce transactions will increase by 33.2% this year, where in 2020, e-commerce transactions will still experience a 23.3% increase in transactions despite the pandemic.
Seeing this, Kredivo, the leading digital credit platform in Indonesia, together with Bukalapak, a leading commerce technology company in Indonesia, launched Bukalapak Paylater, a buy now pay later feature with 0% interest specifically for Bukalapak users.
Victor Lesmana, President of BukaFinancial & Digital Bukalapak explained "Bukalapak through innovation and technology continues to commit and strive to bring economic justice to all levels of Indonesian society. The Bukalapak Paylater feature that is supported by Kredivo as a pioneer paylater in Indonesia helps us to provide convenience and convenience for all users to make transactions, especially since this feature is equipped with interest-free for a 30 day tenor."
Users who already have a Bukalapak account only need to add a national ID and fill in their personal data to activate the account and use this pay later feature. In a short time, the account application will be approved, then users will get a limit of Rp. 500,000 which can be used to shop at Bukalapak with 0% interest for payments within 30 days with a flat subscription fee charged every month.
The application for the Bukalapak Paylater feature can be accessed by users in the Bukalapak application. To shop using a paylater limit, users only need to transact as usual and then choose paylater as the payment method. There will be many attractive promos when users transact using paylater, such as discounts of up to 90% with the promo code "blpaylater90". (LM)