The service has already soft launched with Sribu, a design marketplace, in August 2012, with KrazyMarket in September 2012, with Qeon Interactive and BerryBenka in October 2012, and it targets to add more companies to its payment platform over the next 12 months.
According to a recent study conducted by Veritrans and DailySocial on the Indonesian e-commerce market, the size of the e-commerce market is almost UDS 1 billion and is expected to grow exponentially over the next 3-4 years driven by the rising middle class, growing internet population and increasing online spending.
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