Indonesia-based e-money wallet LinkAja, operated by PT Fintek Karya Nusantara, has selected PureSoftware’s Arttha Digital Payments suite to modernise its core systems.
The move is said to follow LinkAja’s aim to bolster its position as a payment services trailblazer in the region.
Arttha Digital Payments suite will enable LinkAja’s backend to improve performance, enhance its digital growth strategy, and accelerate financial inclusion across the country.
Moreover, the wallet will benefit from having Arttha’s cloud-based platform as a service solution for its core functionalities, such as account management, merchant management, transaction management, and real-time GL.
PureSoftware CEO Manish Sharma said: “Indonesia is still heavily reliant on cash, and there are millions of people who are yet to be exposed to digital payments or able to take advantage of smartphone-led modern financial services.
“It feels great to get an opportunity to be associated with a leading payment service provider like LinkAja. By leveraging Arttha’s digital wallet capabilities, LinkAja will deliver hyper-personalized experiences to customers which directly impact customer service, efficiency, agility, and growth.”
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Arttha’s digital payments is designed to allow its customers to make transactions on the go using the wallet platform’s multiple payments and financial services, including P2P, P2M, G2P, and Payroll among others.
In addition, Arttha provides NFC and QR code-based proximity payments and multi-channel support.
Meanwhile, last week, Indonesian payments infra star-tup Xendit raised $64.6m in a Series B round led by Accel, to enhance its digital payments infrastructure.
Last December, ALTO Network, the national payments gateway for Indonesia, partnered with real-time payment fraud prevention solutions provider INETCO Systems to prevent card-not-present (CNP) fraud.