Kredivo, the leading “Buy Now, Pay Later” platform in Indonesia, recently announced a strategic partnership with PT Mitra Adiperkasa, Tbk (MAP), Indonesia’s largest lifestyle retailer. The partnership enables customers to shop for high-quality products from world-class brands including Zara, Calvin Klein, Sephora, Lacoste and more, while maintaining a healthy cash flow by paying them over time with low interest rates.
General Manager of Kredivo Indonesia, Lily Suriani said, “Our internal data shows that there is a more than 50% growth of transaction value in the fashion category in 2021 compared to 2020 as out-of-home activities have increasingly resumed back to normal. Our partnership with MAP is an important step for us to accommodate users’ needs and to realize our commitment to make it easier for them to shop at the best retailers with a fast, convenient and affordable payment option. We are very pleased to offer this new access point to our customers and we are excited to partner with MAP, Indonesia’s number 1 and largest lifestyle company that has 2,600 outlets in 81 cities across Indonesia.”
Operating in Indonesia for more than 27 years, MAP fulfills customers’ demand in lifestyle and food and beverages through its omni-channel chains across Indonesia. The integration between Kredivo and MAP is live as of January 25th, 2022. Kredivo can be used as a payment method at the following MAP retailers: Zara, Massimo Dutti, Bershka, Stradivarius, Pull&Bear, Lacoste, Cotton On, Mango, Calvin Klein, DKNY, Forever New, Pandora, Kipling, Swatch, Tissot, Tommy Hilfiger, Marks & Spencer, Sephora, Oysho, Rubi, Typo, Swarovski, Travelogue, and Ben Sherman. In the future, Kredivo is set to expand their services and collaborate with other MAP brands.