PT Bank Rakyat Indonesia (Persero) Tbk (BRI) in collaboration with PT Pakar Digital Global (Paper.id) supported by Visa Indonesia presented PAPERCARD. It has various unique properties & benefits to provide convenience for customers, especially businesses in Indonesia, for digitizing payments. The growth of the BRI Credit Card business in recent years has continued to show a positive trend.

On a year-on-year basis, its transaction volume has grown by more than 40%. BRI is optimistic that this year it can grow even bigger. One of the strategies to achieve it, is by issuing innovative credit cards to meet businesses' needs.

BRI Consumer Business Director, Handayani said the collaboration in issuing the PAPERCARD, co-branding credit card was BRI and Paper.id's ongoing support for the government's vision of increasing financial inclusion. With PAPERCARD, she continued, businesses can transact and manage expenses easily anytime and anywhere on the Paper.id platform. This product is designed to answer the needs of business owners who want to feel convenience in every process and experience benefits that can be enjoyed for business activities and for the owners as well, as related with the card's tagline #ItsBusinessAndItsPersonal.

In addition, transaction data is presented real-time and accurate. PAPERCARD users can also enjoy cashback and various attractive promos from BRI and Visa. As for submissions to information access and PAPERCARD transaction mutations, it can be done through the Paper.id web application.

PAPERCARD can also be used to pay for other business operations, such as digital service advertising (Meta, Google & TikTok), office asset and inventory purchasing needs, as well as business travel and other types of business payments. It can be realized through the support of the Visa network which allows the card to be used globally, as well as various special promotions. The newly launched PAPERCARD has two types namely SPACECARD & UNIVERSECARD.

Both are cards with various benefits adapted to business conditions of various scales. SPACECARD is a type of credit card that is intended to meet basic needs in managing cash-flow & monitoring business expenses in real-time. Then for UNIVERSECARD is a type of credit card that combines all the advantages of SPACECARD equipped with a variety of premium benefits, such as access to airport lounges and transaction conversions to airline mileage.

This is a very rare feature compared to other business /corporate cards across Indonesia. BRI, Paper.id, and Visa hope that PAPERCARD can become a new milestone in the development of a digital payment ecosystem for businesses in Indonesia, especially Paper.id users.