PT Indonesia Digital Identity (VIDA) has partnered with Indonesian payment gateway provider and bill aggregator PT FM Digital Solution (Flash Mobile). The partnership aims to establish and prioritize digital trust in the financial sector, specifically concerning MNC Group's services.
With VIDA's expertise in digital identity verification and authentication and Flash Mobile's payment gateway and bill aggregator capabilities, the partnership aims to improve the security and privacy of digital financial services in Indonesia.
Flash Mobile will integrate VIDA Verify, which provides online identity authentication and various electronic certificate-based features, such as digital signatures and multi-factor authentication, using biometric technology as one of its key services. The integration of VIDA Verify will allow Flash Mobile to provide its customers with more secure and reliable digital financial services.
In Indonesia, where non-cash payments are projected to reach USD 421 billion by 2025, the need for digital trust in the financial sector is growing. This emphasizes the significance of establishing a secure digital financial ecosystem within the nation.
Both companies reaffirmed their dedication to providing users with secure, convenient, and easily accessible digital identity technology and their joint effort to promote the expansion of the national digital economy.
This partnership benefits Flash Mobile, MC Group, and the Indonesian financial sector. With VIDA's expertise in digital identity verification and authentication and Flash Mobile's payment gateway and bill aggregator capabilities, the partnership will provide a more secure and trustworthy digital financial ecosystem for Indonesia's rapidly expanding digital economy.
Additionally, the partnership emphasizes the significance of collaborations and partnerships in the digital age. Companies that can provide integrated solutions and services are better equipped to meet the needs of their customers as a result of the rapid evolution of technology.
In conclusion, the strategic partnership between VIDA and Flash Mobile is a major step toward establishing a trustworthy financial sector in Indonesia. Integration of VIDA's digital identity solutions with Flash Mobile's payment gateway services and bill aggregator platform will improve security and privacy and contribute to expanding the national digital economy. This partnership highlights the significance of digital trust in the current financial environment and the need for secure, convenient, and easily accessible digital identity technology. This partnership paves the way for Indonesia's more secure and dependable digital financial ecosystem as non-cash transactions continue to increase.
We look forward to VIDA and Flash Mobile's continued efforts to deliver innovative digital solutions that benefit businesses and consumers.