LinkAja will benefit from having Arttha’s cloud-based platform as a service solution for its core functionalities. Credit: Priscilla Du Preez on Unsplash.

Indonesia-based e-money wallet LinkAja, operated by PT Fintek Karya Nusantara, has selected PureSoftware’s Arttha Digital Payments suite to modernise its core systems.

The move is said to follow LinkAja’s aim to bolster its position as a payment services trailblazer in the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Arttha Digital Payments suite will enable LinkAja’s backend to improve performance, enhance its digital growth strategy, and accelerate financial inclusion across the country.

Moreover, the wallet will benefit from having Arttha’s cloud-based platform as a service solution for its core functionalities, such as account management, merchant management, transaction management, and real-time GL.

PureSoftware CEO Manish Sharma said: “Indonesia is still heavily reliant on cash, and there are millions of people who are yet to be exposed to digital payments or able to take advantage of smartphone-led modern financial services.

“It feels great to get an opportunity to be associated with a leading payment service provider like LinkAja. By leveraging Arttha’s digital wallet capabilities, LinkAja will deliver hyper-personalized experiences to customers which directly impact customer service, efficiency, agility, and growth.”

Arttha’s digital payments is designed to allow its customers to make transactions on the go using the wallet platform’s multiple payments and financial services, including P2P, P2M, G2P, and Payroll among others.

In addition, Arttha provides NFC and QR code-based proximity payments and multi-channel support.

Meanwhile, last week, Indonesian payments infra star-tup Xendit raised $64.6m in a Series B round led by Accel, to enhance its digital payments infrastructure.

Last December, ALTO Network, the national payments gateway for Indonesia, partnered with real-time payment fraud prevention solutions provider INETCO Systems to prevent card-not-present (CNP) fraud.