Fintech startup Xendit launches aid program for Indonesian businesses amid Covid-19 crisis

Indonesia

3 min read

May 27, 2020

By Marcel Thee

Xendit's new program aims to help SMEs survive the Covid-19 crisis © Xendit

Xendit is helping more SMEs go online by waiving transaction fees for its digital payments solution for the first month

In response to the coronavirus (Covid-19) pandemic, Indonesian payments infrastructure startup Xendit has launched “Business for Good,” a program that aims to help 200 SMEs survive the quarantine period and its aftermath.
“We understand that businesses might go through a tough time during this outbreak and we wanted to help wherever we can,” Xendit COO Tessa Wijaya tells CompassList in an interview.
Xendit supports businesses' financial operations online by providing them a ready infrastructure to process digital payments, marketplaces, payroll and loans, and fraud detection. It ut...

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Edited by John Gee

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