PT Bank Digital BCA (BCA Digital) has established a strategic partnership with PT Commerce Finance, a subsidiary of SeaMoney, through the SPayLater initiative. This collaboration aims to broaden the public’s access to financial services, particularly targeting underbanked segments of Indonesia’s population.

Lanny Budiati, President and Director of BCA Digital, stated that this partnership aligns with their commitment to innovate financial services that meet the needs of modern consumers. "We aim to increase the adoption of digital financial services, particularly among the younger generation and digital natives," she emphasized.

As a fully online bank, BCA Digital enables users to access banking services seamlessly, anytime and anywhere. The SPayLater platform offers easy access to credit, processed entirely through a secure digital interface, providing flexible payment options for those who might not qualify for conventional banking credit products.

"We believe that this strategic partnership with Commerce Finance, a leading digital payment solution provider in Indonesia, will facilitate the ongoing digitalization of financial services and help meet the diverse needs of our customers," Lanny added. This initiative is also part of BCA Digital’s broader strategy to support the financial maturity journey of the younger population, encouraging them to manage credit responsibly.

BCA Digital, a member of the National Banks Association (PERBANAS), actively supports government programs aimed at enhancing financial inclusion. The bank’s commitment to expanding access to secure, flexible, and digital banking services aligns well with these national objectives.

Winson Winata, President Director of Commerce Finance, explained that their partnership with BCA Digital significantly bolsters their service outreach in Indonesia. He noted that the collaboration is expected to create a meaningful impact on the digital financial ecosystem, promoting a more inclusive environment where users can utilize credit solutions wisely.

"The channeling partnership with BCA Digital will have long-term positive effects for the community," Winson stated. "Moreover, BCA Digital's active involvement in PERBANAS resonates with our goals at Commerce Finance to advance digital financial inclusion in Indonesia. Together, through continuous education efforts, we can help more users manage their finances responsibly."

The SPayLater product is designed for urgent, unexpected needs when used within the user’s financial means. Commerce Finance is committed to educating consumers about budgeting and credit scores, empowering them to make informed financial decisions.

About BCA Digital BCA Digital, initially known as Bank Royal, was established in 2020 after being acquired by PT Bank Central Asia. This next-generation bank operates without physical branches, catering to digitally savvy customers through the blu mobile banking application. Launched in July 2021, blu offers a range of features, including bluSaving, bluDeposit, and bluInvest, designed to give users greater control over their finances.

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