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TerraPay joins hands with DOKU to expand global digital payments for Indonesia
January 18, 2022 | TerraPay | Newsroom

TerraPay, a leading global payments infrastructure company, is proud to announce its partnership with DOKU, Indonesia’s first payments technology company, in offering seamless and real-time global P2P and business payments.

This strategic association will enable pay-ins and payout solutions from and to Indonesia. DOKU customers will now be further empowered - from individuals receiving funds from their family and friends across the globe, instantly; to merchants, SMEs and corporates driving fast and safe borderless payouts to their vendors and customers, no matter where they reside on the global map.

The partnership will enable DOKU to leverage TerraPay's well entrenched merchant partner networks globally (with due regulatory coverage). Additionally, TerraPay will be able to leverage DOKU’s strong presence in Indonesia to enable P2P and business remittances. Both the companies’ goals of actualizing a cashless society by creating an inclusive ecosystem for all, is what drives this partnership. This opens doors to DOKU’s thriving and extensive ecosystem of merchants, corporates and SME, to use TerraPay’s adaptive and safe payments technology, boosting global financial interoperability.

Speaking about the partnership Sukesh Malliah, Regional Director, Asia Pacific, TerraPay said “We are thrilled to onboard DOKU as our first payments partner in Indonesia. Our collaboration will usher in the benefits of financial inclusion and independence, through efficient cashless payments, for all DOKU customers - individuals and business beneficiaries, spread across the globe. DOKU will be a valuable partner for our payout services, along with our upcoming Request to Pay product offering. This collaboration will further enhance interconnectivity and financial integration between domestic and cross-border digital payments”

“Our partnership with TerraPay will accelerate acceptance of real time cashless payments across our widespread network. Our customers will benefit from TerraPay’s reliable and convenient payments technology, globally, facilitating payouts for a larger ecosystem. We look forward to a successful collaboration.” said Alison Jap, Chief International Partnerships, DOKU

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About TerraPay

Headquartered in Amsterdam, TerraPay is a licensed digital payments infrastructure and solutions provider. The company has been building an ever-expanding payments highway that empowers businesses with an uninterrupted, secure, and real-time global passage for every payment, however small or large. Registered and regulated across 15 global markets, TerraPay is a leading global partner to banks, mobile wallets, money transfer operators, merchants, and financial institutions, creating a rich payment ecosystem that supports a range of diverse payment types and instruments. With a single integration, the company connects their partners to this deep-rooted global network, backed by strong compliance and security standards.

About DOKU

DOKU is a payment enabler, the first Indonesian-owned electronic payment solutions provider to offer local payment solutions tailored to address merchants’ online payment needs. Established and registered under PT Nusa Satu Inti Artha in 2007, DOKU is the first Indonesian company to earn the Payment Card Industry Data Security Standards (PCI DSS) Level 1 version 3.2 certification. Serving merchants across various industries with direct connection to major banks and other financial institutions in Indonesia, DOKU provides a diverse range of payment options for its merchants and online shoppers in Indonesia. DOKU provides the most complete electronic payment options for merchants and ecommerce consumers across Indonesia and abroad.

DOKU has obtained five licenses from Bank of Indonesia which enables us to offer a variety of solutions, such as payment gateway, domestic fund transfers, cross border remittance, biller payments, e-money, and e-wallet.

For more information please visit doku.com

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