Multiply finalizes its payment system by starting receiving credit card. The timing is perfectly in placed, as Multiply is currently holding an online event “Shopfest”, dubbed as the largest sales festival for online shops. Yet, payment with credit card is now limited with the terms.
As stated in the press release, Multiply only receives credit card from by banks operating in Indonesia and only valid for purchase at Trusted Sellers (verified by Multiply).
This step marks the milestone of one year of Multiply Indonesia office. Starting by end of last year, even more, Multiply had moved its headquarter from Boca Raton (Florida) to Jakarta since its biggest market now lies in Southeast Asia, especially in Indonesia and Philippines. Multiply recently has installed new CEO, Stefan Magdalinski, to replace Peter Pezaris.
In Indonesia, Multiply claims to have 80,000 permanent stores, 2 million registered users, and 7 million unique monthly visitors. Previously, Multiply has already accepted payment using bank transfer, ATM, Internet banking, PayPal and mobile payment. Mobile payment feature is collaborating with XL Axiata, using its XL Tunai.
