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Qiosfin faced challenges with slow communication and inflexible costs from their previous payment solution provider.
Solution
Brick's Disbursement API simplified fund disbursement processes with greater efficiency and quicker service, addressing Qiosfin's main hurdles.
Result
With nearly 50,000 active partners, Qiosfin has increased transaction speeds and reduced operational costs, solidifying their market position.
Qiosfin's Background
Qiosfin is a successful digital platform serving over 100,000 users across Indonesia. Founded in Makassar in 2016 and officially established in 2021, Qiosfin has focused on empowering SMEs. Their services include mobile top-ups, electricity tokens, and bill payments, making them a key solution for small shops to expand their services and boost revenue.
The Roadblocks to Qiosfin's Rapid Growth
Before switching to Brick, Qiosfin encountered significant obstacles with their previous payment solution provider, which was plagued by slow communication and inflexible pricing. In 2023, they sought a new partner offering more responsive service, competitive pricing, and robust technical integration support.
Qiosfin's Smart Move: Brick as the Game-Changer
Qiosfin chose Brick’s Disbursement API to speed up and simplify their fund disbursement processes. With seamless integration orchestrated with Brick’s team, Qiosfin automated payments, reduced reliance on manual processes, and executed real-time transactions. Brick’s responsive communication added significant value, establishing them as Qiosfin's strategic partner.
Extraordinary Achievements with Brick: A Brighter Future for Qiosfin
Collaboration with Brick elevated transaction speed and operational cost-efficiency for Qiosfin. Now, with nearly 50,000 active partners, Qiosfin is better positioned to handle large transaction volumes with a sophisticated and quick system. This success opens opportunities for Qiosfin to explore more Brick products, confirming Brick’s vital role in Qiosfin’s growth in Eastern Indonesia’s market.
