Global transfers blockchain network partners Indonesian e-wallet
Hong Kong-based global blockchain money transfer network, OKLink, is teaming up with Indonesia's first-ever e-wallet, DOKU, to allow users to make online purchases and bill payments without a bank account. Customers can top up the wallet via an ATM or at selected stores, it can also be linked to a credit card. E-commerce is booming in Indonesia, thanks to a combination of 6% credit card penetration and fewer than 25% of the 250 million population having bank accounts.

Hong Kong-based global blockchain money transfer network, announces a new partnership with DOKU to offer Digital Wallet Digital Wallet A digital wallet is a popular mechanism referring to an electronic device, online service, or software program that allows one party to make electronic transactions with another party.This involves the bartering or exchange of digital currency, including cryptocurrency for goods and services. Money can be deposited in the digital wallet prior to any transaction, which also includes an individual's bank account that is linked to the digital wallet. A digital wallet can include more than just digi A digital wallet is a popular mechanism referring to an electronic device, online service, or software program that allows one party to make electronic transactions with another party.This involves the bartering or exchange of digital currency, including cryptocurrency for goods and services. Money can be deposited in the digital wallet prior to any transaction, which also includes an individual's bank account that is linked to the digital wallet. A digital wallet can include more than just digi Read this Term as a payout option for real-time money transfers to Indonesia. Following this partnership, companies using OKLink can now make transfers to a DOKU Wallet for remittances to Indonesia - where less than a quarter of the population (just 60 million out of 250 million) have bank accounts.

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The DOKU Wallet, Indonesia’s first e-wallet, allows consumers to top up their account via ATM, through cash at convenience stores, or by linking it up with their credit card. Customers can use it to make online purchases and bill Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term – without a credit card or bank account. DOKU currently provides services for over 20,000 merchants with direct connection to 15 major banks in Indonesia.

Lukman Hakim, Senior Manager of Cross Border Remittance at DOKU, said, "We are very pleased to welcome our partnership with OKLink. Access to cash-in points is essential to extend our global reach. Through this partnership we hope more customers will enjoy the convenience of sending their money home via DOKU."

Jack C. Liu, Chief Strategy Officer at OKLink

Jack C. Liu, Chief Strategy Officer at OKLink, commented, "We are thrilled to work with Lukman and the entire DOKU team on this partnership. It’s eye-opening to see how quickly mobile payouts are capturing the developing market. In Indonesia, we are excited to now offer real-time mobile, cash, and account transfers to 122 banks. We continue to pursue low cost instant transfers to every payout country in every payout form.