BukuKas Presents Payment Features, Facilitates Merchant Bookkeeping Automatically

Startup developer of financial recording applications for MSMEs, Cash book, launched its new payment feature called "BukuKasPay". Aims to make it easier for their users to process payments on various platforms, such as Bank Virtual Accounts, QRIS and popular electronic wallets such as OVO, DANA, GoPay, LinkAja, and ShopeePay.

To DailySocial, Co-Founder & CEO of BukuKas Krishnan Menon revealed, this feature was launched by BukuKas independently seamless pattern, which can provide more benefits to the merchant to record the recording of financial transactions automatically. This feature also ensures that there are no additional interbank fees.

BukuKasPay was launched together with the #BUKUKASIhBerkah campaign in order to welcome the month of Ramadan in 2021 and is intended to make it easier for merchantCash book running their business in this crucial period. This campaign is BukuKas' way to appreciate users Cash book for their trust and support over the years.

“Ramadan is an important moment for Muslims, and they have a lot to prepare for the celebrations of Ramadan and Eid. With the pandemic still ongoing and the government still implementing a number of restrictions, small businesses are increasingly relying on spending online and digital payments to grow his business," said Krishnan.

In the future, the company also has plans to enable digital cash collection through outlets offline such as Alfamart and others. After launching BukuKasPay, BukuKas also has plans to launch other interesting features to merchant. The goal, of course, is to encourage the growth of the community underbanked to quickly adopt digital.

Help SMEs

The BukuKas application was originally a digital financial journal that made it easy for users to record and manage sales, expenses and credits. Now, BukuKas already has a number of features that manage merchandise inventory, issue invoices, as well as simple and very easy analytics. In accordance with their vision, which is to create an integrated solution to support the daily activities of merchants in business.

As of March 2021, BukuKas has partnered with more than 5,8 million small businesses and shop owners across the BukuKas platform, with 3 million monthly active users (MAU) throughout Indonesia. BukuKas is also recorded as managing transactions worth nearly US$25 billion (approximately Rp360 trillion rupiah) per year, or equivalent to 2,1% of Indonesia's GDP.

In previous interview with DailySocial, Krishnan revealed that his business is positioned as a MSME digitization software company that will develop into a player fintech.

“The merchants have realized that go-digital very important to their business. Traders save 2-4 hours a day, 20% costs and minimize manual calculation errors. We also allow merchants to recover cashback 3x faster because the process is automated.”