_PT Cashlez Worldwide Indonesia Tbk ("Cashlez") performed a strategic synergy with PT Bank of Indonesia Tbk ("Amar Bank")channelThe credit facility for themerchantCashlez to ease the payment transactions and strengthen the work capitalmerchantCashlez, most of which is a small and middle micro effort. The strategic collaboration of both parties aims to support businessmerchantUMKM Cashlez is growing and expanding the reach of Amar Bank to many more UMKM that can enjoy bank digital services. It's also going to be in line with increased work capital needs which is one of the most important factors in business development.merchant.
Cashlez and Amar Bank's cooperation is meant to help with business developmentmerchantUMKM, especially from increasing the amount of transactions supported by this credit facility, where there are two services provided which are,Get Paid NowandMerchant Cash Advanced. ServiceGet Paid Nowcan raise transaction valuemerchantBecause this service provides loan funds for payment transactions that customers will make tomerchant. Whereas on serviceMerchant Cash AdvancedIt's believed to strengthen the businessmerchantUMKM because this service provides a limit-based credit facility with a combined loan tomerchant, to become a cash-based work capital.
On the signing ceremony between Cashlez and Amar Bank held Friday, January 26, 2024, entwined forms of joint commitment that will support business activitiesmerchantUMKM is getting easier in making payment transactions and will help businessmerchant UMKM is growing. The signing of this partnership was attended by Mr. Henrik Adrianto as Director Cashlez and the management of Amar Bank represented by Mr. Kevin Kane as Chief Technology Officer.
Amar Bank has a huge commitment to continuing to encourage uMKM growth in Indonesia. In terms of that, strategic cooperation is required in reaching moremerchantunattended servicedigitalThe bank from Amar Bank innovated technology.digitalThe new bank in Indonesia is believed to be a solution to the financial needs at the speed and flexibility of which it is capable of encouraging business growth, including the UMKM.
"as one of the pioneersdigitalBank in Indonesia, Amar Bank is committed to further advance the UMKM in enjoying the benefits of bankingdigitalIt combines technology and finance to ease business growth with the various services we offer. In addition, we also consider greater credit forms of effort to reach the UMKM.platformdigital"Kevin Kane, Chief Technology Officer Amar Bank.
"Providence of services through cooperation between Cashlez and Amar Bank can give a real benefit in encouraging business growthmerchantUMKM Cashlez either increases the transaction value or the work capital, so that with this service can be a positive step especially in the entire business optimizationmerchantUMKM Cashlez, who will ultimately make a positive contribution to Cashlez's increase in income "by Hendrik Adrianto, Director Cashlez.
