Paper.id Presents E-stamps for Digital Invoice Transactions

Utilizing a strategic partnership with PERURI, a business billing and payment platform Paper.id started providing e-seal options to users. Claiming to be the first SaaS to utilize this service, now businesses don't need to bother looking for physical seals to increase the legality of their documents.

Through Paper.id, users can directly buy and attach e-seal in a invoice which are made. E-stamps that have been added to invoices from Paper.id can also be verified using an application from PERURI to check their validity automatically realtime.

Paper.id CTO Yosia Sugialam revealed, his party wanted to facilitate digital transactions that are increasingly being used by business people. Thus, validity invoice can increase so that trust between business people can be maintained and reduce the risk of counterfeiting.

"We really appreciate the government's steps in implementing digitization and legalizing e-stamps at the end of 2021. Starting in 2022, there will no longer be any barriers for business actors to digitize business documents, such as invoice,” said Josiah.

Associated with awareness the use of e-stamps for users, in the future, Paper.id will conduct education on the importance of e-stamps for digital documents for businesses through social media, business communities, events, collaborations businesses and other mediums for both Paper.id users and non-users

More than 300 thousand MSME actors who have using Paper.id, can directly create invoice digitally, affix the e-seal, and send it online online. Recipients can see invoice those that have e-stamped and valid through Paper PayIn (Buyer Portal) Paper.id and make payments digitally through the payment methods available on Paper.id.

Currently Paper.id has processed more than 200 thousand invoice Every month. The potential for using e-sealers is enormous and can have a significant impact on both business actors who already use Paper.id and potential users who are interested in digitizing their billing process.

Founded at the end of 2016, Paper.id can be integrated with large corporate ERP systems via API or as a solution end-to-end for MSMEs so as to connect and digitize the entire supply chain process.

Issued by Peru

The e-seal stamp was approved by the Minister of Finance Sri Mulyani as an official stamp duty based on law in October 2021. At website PERURI also contains complete information about e-seat users for the public. Regarding the stamp duty of IDR 10.000, Paper.id handed over everything to Peruri in accordance with applicable regulations.

In this case, Paper.id don't get any commission. All were immediately directed to PERURI and confirmed this choice was added value for business activities. PERURI, in this case as a State-Owned Enterprise, is assigned by the State to procure, distribute and sell stamp duty.

So far only Paper.id has integrated the use of E-stamps into the platform. In accordance with the Law of the Republic of Indonesia Number 10 of 2020 it is recorded, in terms of business activities, paperless be an option to increase efficiency. In line with that, electronic transactions are also growing so that contracts can be made electronically via the internet network.