Digital payment and e-commerce platform, KinerjaPay” has inked Indomaret and Alfamart, two of Indonesia’s largest convenience store chains, will now allow customers to make payments on any transaction performed inside KinerjaPay platform.
KinerjaPay notes as the vast majority of our customers do not have bank accounts or credit cards, virtually all transactions are made with cash; KinerjaPay enables customers to shop and pay bills using their smartphones instead.
These two C-store agreements provide customers with access to another 23,000 conveniently located sites where they can use KinerjaPay “modern channel” solution for the unbanked population. Users can go to any convenience store and make payments for transactions they conduct through KinerjaPay, like paying electric or phone bills, purchasing phone vouchers, and online shopping.
Indomaret is a chain of retail convenience stores with over 12,800 stores across the country, primarily on Java, Bali, Madura and Sumatra islands. It is the first and largest chain of its kind, with stores in residential areas, office buildings and public facilities.
Alfamart is also a convenience store chain, although largely franchisee-owned. With over 10,300 stores across the country, Alfamart serves an average 3 million customers daily, stocking over 5,000 food products and non-food to meet the day-to-day needs of Indonesians.
The Indonesian economy generates nearly $1 trillion annually, however only 42% of the 250+ million citizens have bank accounts and only 5% have credit cards.
KinerjaPay enables consumers to “Pay, Play and Buy” via various payment services such as credit card bill payment, utility, phone bill, healthcare insurance and direct transfer to anyone at their convenience.