Parent company of fintech startup Indepay, Setara Networks Worldwide, partners with Domino’s Pizza in Indonesia to launch a one-click checkout service.
Setara mentioned in a statement that the integration is first of its kind in Southeast Asia.
Key Highlights
- The partnership allows customers of Domino's Pizza who are registered on the Setara platform to one-click checkout their order without the need to switch to another payment or banking application page.
- The amount will then automatically be deducted from the customers’ Bank Rakyat Indonesia accounts.
- Customers can also register and create a unique Pay-ID to pay with one click.
- Co-founder and chief executive officer of Setara, Rajib Saha said that Bank Rakyat Indonesia is the first bank to partner Setara for this integration while the company is in talks with several other banks to offer this service.
- Saha added that Setara has also partnered with other payment companies to extend its platform to include more banks.
History of Setara
- Setara Networks Worldwide was founded in 2020 and owns both Indepay and tara.app.
- Indepay is an open transfer platform with the aim to accelerate digital payments with real-time account-to-account transfers.
- tara.app is an interactive social commerce framework meant for Direct-to-consumer (D2C) businesses, brands merchants, micro-merchants, warungs, and nearby retailers powered by the Indepay Transfer Platform.
- The company is backed by BEENEXT and T8 Capital Partners.
