Today, payment solution provider company Doku announces their recent partnership with payment giant Paypal. With the recent growth of e-commerce transactions in the country, Paypal feels the need to enter Indonesian market as well as partner with some local companies.
Through this partnership with Paypal, Doku’s merchants will be able to accept payments using Paypal in addition to its current partnership with 6 local banks. So instead of implementing Paypal’s own API to their website, merchants might as well partner with Doku who has plenty of payment options with local banks as well as Paypal with extra customer support. Doku find this as a strong advantage in leaving their competition behind following the emerging companies trying to crack the payment issue.
This partnership also bring Doku closer to bring their merchants out of the domestic market, enabling their local merchants to serve domestic market as well as accepting payments from Paypal’s 117 million users worldwide in over 25 different currencies. “We want to best accommodate our merchants to do cross-border transactions with their customers all over the world. Paypal is a global payment company, and we believe that this will further build the trust from our merchants” said Thong Sennelius, Doku CEO in a company statement.
This partnership is Paypal’s second partnership with a local payment company in Indonesia after just a few days ago they inked a similar partnership with payment company iPaymu.
