Jakarta, 28 July 2021
– UOB Indonesia today announced a collaboration with Cashlez, a financial technology company focused on a payment gateway for merchants and digital players, in providing Indonesia’s first payment service for small businesses and medium (SME).

Through this collaboration, Cashlez’s mobile point of sales service as well as other digital payment features are integrated through UOB BizSmart, a cloud-based service designed to help SMEs increase business efficiency. With the services provided by Cashlez, SMEs can now easily accept payments and deposit funds directly into their UOB accounts. SMEs can also use the Cashlez dashboard to monitor and track sales transactions and reconcile trade transactions with UOB accounts in real time.

Features in the Cashlez digital transaction medium complement UOB BizSmart’s digital services which include accounting, HR management and payments. This collaboration also shows the common vision of UOB Indonesia and Cashlez in helping SMEs in the country by developing digital transformation.

Paul Kan, Head of Business Banking, UOB Indonesia,
said, “Our strategic partnership with Cashlez further strengthens the ecosystem partnership we have built to benefit our SME customers. With this easy and simple solution that is integrated with UOB BizSmart, our SME customers can access effective payment receipt methods. This enables our customers to improve the efficiency of their financial management and improve competitiveness, so that our customers can stay focused on developing their business in a sustainable way

Suwandi, CEO of Cashlez,
said, “We are pleased to partner with UOB Indonesia in introducing Cashlez products and services to a wider range of customers, as market access opens up and attracts new consumer segments to create sustainable growth in the SME sector. Together with UOB Indonesia, we will continue to empower online merchants, shops and businesses by providing a secure transaction medium that is integrated with UOB BizSmart. Our digital options equipped with the latest technology will improve the quality of customer service and allow us to expand our new customer base.

For more information about UOB BizSmart and Cashlez products and services, SMEs can visit www.uob.co.id/bizsmartcashlez or contact UOB Indonesia’s relationship manager or Cashlez sales representative.
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