Alibaba Integrates Indonesian Akulaku and Alipay+

By Editorial Team 08/09/2022
Alipay
Summary

Indonesia-based digital banking and finance platform Akulaku officially announced Akulaku PayLater's partnership with China-based cross-border digital payment company Alipay+. The partnership allows Indonesian consumers, including merchants, to use Akulaku Paylater's buy now pay later (BNPL) service as a payment method across the global Alipay+ ecosystem.

BNPL Akulaku Paylater allows individuals with limited credit history to access credit services. "This collaboration will provide a more advanced and convenient financial landscape for customers in Indonesia and throughout Southeast Asia," Fan Zhang, Chief Financial Officer of Akulaku, said in an official statement Wednesday. Through integration with Alipay+, Akulaku targets to increase the number of merchants who accept Akulaku PayLater and increase the competitiveness of BNPL products.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.