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Faced critical challenges with existing QRIS implementation, including D+2 settlement times and complex merchant onboarding, significantly impacting business cash flow and growth potential.
Solution
Implemented Brick's advanced QRIS solution, enabling D+1 settlements and streamlined merchant registration process, revolutionizing payment efficiency.
Result
Achieved 40% increase in merchant satisfaction through faster QRIS settlements and simplified payment integration processes.
Pioneering Digital Payments: WePOS's Journey in Empowering Indonesian SMEs
WePOS emerged as a game-changer in Indonesia's business ecosystem since 2016, going beyond traditional POS systems to deliver comprehensive digital solutions. Their platform integrates essential features vital for modern business operations - from precise inventory management to in-depth business analytics and financial reporting.
By 2022, with a growing merchant base across retail, F&B, entertainment, and hospitality sectors, WePOS recognized the critical need for modern payment solutions. This led to their initial implementation of QRIS, marking a significant step toward digital payment transformation.
When QRIS Implementation Meets Business Growth Challenges
Entering 2022, WePOS took a significant step by implementing QRIS to modernize their payment system. However, their initial QRIS solution presented several challenges:
- Settlement delays of H+2 significantly impacted merchant cash flow
- Complex registration processes for each QRIS payment method
- Less competitive fee structures affecting merchant profitability
- Integration complexities slowing down merchant onboarding
- The expansion into various business sectors added complexity to these challenges, with each industry having unique requirements for payment flows and settlement needs. This situation created urgency for a more adaptive and efficient QRIS solution.
Revolutionizing QRIS Payments with Brick
After evaluating various options, WePOS found their answer in Brick's QRIS solution. The collaboration brought revolutionary changes:
- Next-day settlement (D+1) for all QRIS transactions
- Unified, simplified merchant registration process
- Competitive fee structure
- Comprehensive technical support and documentation
- Seamless integration capabilities
This partnership with Brick not only solved immediate payment challenges but also provided a foundation for future scalability, supported by responsive technical support and user-friendly implementation processes.
From Payment Challenges to Payment Leadership
The implementation of Brick's QRIS solution transformed WePOS's payment ecosystem:
- Accelerated settlement cycle from H+2 to D+1
- 40% increase in merchant satisfaction
- Streamlined onboarding process for new merchants
- Enhanced cash flow management for businesses
- Strengthened WePOS's position as a comprehensive business solution provider
This successful transformation has created a replicable model for payment innovation, demonstrating how the right QRIS solution can drive significant business growth. With Brick's robust payment infrastructure, WePOS continues to shape Indonesia's digital business landscape, ready to meet future challenges and opportunities.
