PT MNC Teknologi Nusantara (MotionPay) and PT Jalin Payment Nusantara (Jalin) announced a collaboration to facilitate cross-border QR code payment features (cross-border) in Singapore, Thailand, and Malaysia. This is supported by an infrastructure network switching Link owned by Jalin at the Singapore Fintech Festival (SFF) 2024.
“The launch of this feature makes transactions easier for MotionPay users when traveling to Singapore, with full support from Jalin’s Link network,” said President Director of PT MNC Kapital Indonesia Tbk (BCAP) Yudi Hamka in an official statement, Monday (11/11).
BCAP is the holding company that oversees MotionPay. As one of the electronic money applications developing in Indonesia, MotionPay has millions of users from various groups, from millennials to professional business people.
Besides QR cross-borderthe MotionPay app also offers various features, including MotionCash for non-cash transactions, MotionTransfer for sending money between accounts, QRIS payments throughout Indonesia, bill payments, and purchasing digital products.
Ario Tejo Bayu Aji as President Director of Jalin added that this initiative is part of Jalin’s role in supporting the Indonesian Payment System Blueprint (BSPI) 2030 in accelerating the digitalization of national payments, as well as opening up wider transaction opportunities for Indonesian people abroad. Feature QR cross-border allows each member experience an increase in the volume of international transactions practically and safely.
“This solution is a manifestation of Jalin’s commitment to provide added value for everyone memberencouraging the growth of cross-border transactions,” he said.
Going forward, MotionPay and Jalin are committed to continuing to provide innovative solutions that not only facilitate cross-border transactions, but also expand access to digital payments, and strengthen the financial ecosystem in Indonesia. This collaborative step is part of the long-term vision of both companies in supporting BSPI 2030 and encouraging the creation of payment connectivity that is more inclusive, efficient and internationally standardized. (E-2)
#MotionPayJalin #Introduces #CrossBorder
**Interview with Yudi Hamka, President Director of PT MNC Kapital Indonesia Tbk (BCAP)**
**Interviewer:** Thank you for joining us, Mr. Hamka. Can you start by explaining the significance of the collaboration between MotionPay and Jalin for cross-border QR code payments?
**Yudi Hamka:** Thank you for having me. This collaboration is crucial as it simplifies the payment process for our users traveling to Singapore, Thailand, and Malaysia. With the cross-border QR code payment feature, users can make transactions seamlessly through our platform, enhancing their travel experience.
**Interviewer:** How does the infrastructure owned by Jalin support these transactions?
**Yudi Hamka:** Jalin has a robust switching Link network that facilitates fast and secure payment processing. This infrastructure is pivotal in ensuring that our users can transact easily and efficiently without worrying about currency conversion or additional fees.
**Interviewer:** What feedback have you received from users regarding this new feature?
**Yudi Hamka:** The feedback has been overwhelmingly positive. Many users appreciate the convenience and safety of using their existing MotionPay accounts while traveling abroad. This feature resonates particularly well with millennials and business professionals who are always looking for ways to simplify their lives.
**Interviewer:** How do you see this development impacting the digital payment landscape in the region?
**Yudi Hamka:** This initiative positions MotionPay as a leader in digital payments in Southeast Asia. It not only enhances our service offerings but also paves the way for more robust cross-border financial solutions in the future, promoting financial inclusivity across different markets.
**Interviewer:** Looking ahead, what other advancements can users expect from MotionPay?
**Yudi Hamka:** We’re continuously looking to innovate. In addition to expanding our cross-border payment capabilities, we’re investing in new technologies to enhance security and user experience. Users can look forward to more features that cater to their evolving needs.
**Interviewer:** Thank you, Mr. Hamka. It’s exciting to see these developments in the digital payment sphere.
**Yudi Hamka:** Thank you for having me. We’re enthusiastic about the journey ahead.
