Funding
Funding not disclosed
Founders
Product
Problem
Many individuals in Indonesia lack convenient and secure methods for managing daily financial transactions, especially for bill payments, money transfers, and online purchases. Traditional banking methods can be cumbersome, time-consuming, and inaccessible for some segments of the population.
Solution
Eidupay is an e-wallet application designed to streamline financial transactions for both individual users and merchants in Indonesia. The platform enables users to make bill payments, transfer funds, complete purchases, and deposit cash through a mobile application. Eidupay supports QRIS payments, allowing users to transact at a wide range of merchants. The application employs security measures, including passcode verification for each transaction, and offers a user-friendly interface for managing finances on the go. Eidupay also provides opportunities for users to access educational content and potential lending services through partner integrations.
Target Audience
Eidupay targets individual consumers in Indonesia seeking a convenient and secure e-wallet solution for daily transactions, as well as merchants looking to streamline payment acceptance and participate in promotional programs.
Features
- Mobile application available on both iOS and Android platforms
- Support for QRIS (Quick Response Code Indonesian Standard) payments as both issuer and acquirer
- Bill payment functionality for various services, including BPJS, PDAM, PLN, and cable TV
- Electronic vouchers for mobile top-up, data packages, electricity tokens, and game vouchers
- Fund transfer capabilities, including options for users without bank accounts
- Cash deposit options through designated "Eidupay Corners"
- Premium account option with higher balance and transaction limits, plus lending opportunities
- Merchant dashboard for transaction monitoring and sales reporting
- Automatic daily transfers of merchant earnings to registered bank accounts (H+1)