Bank Mandiri Launches Livin' Paylater, Customer's Practical Transaction Solution

Photo: Doc. Bank Mandiri

JAKARTA - Bank Mandiri continues to innovate in developing progressive digital products and services for customers. Most recently, Bank Mandiri officially launched Livin' Paylater, an alternative to buying and selling now pay later which can be a customer solution to manage cash flows including the purchase of goods or services needed more practically.

Bank Mandiri Network and Retail Banking Director Aquarius Rudianto explained, Livin' Paylater provides added value to various Bank Mandiri financial products and services that can be adjusted to needs, especially for selected and eligible customers.

"Any purchase becomes easier, the payment can be delayed using Livin' Paylater. The limit is up to Rp. 20 million without being charged with admin fees every month. There is also an interest-free installment program, very profitable," said Aquarius in his official statement, Wednesday, December 13.

Not without reason, the Paylater Livin' submission process is very fast and simple. Within five minutes, selected customers can open the Livin' application and select the Livin' Paylater banner on the front page, then customers only need to fill in their personal data and determine the account of the payment source and Livin' Paylater is ready to be used.

In addition, users can freely take advantage of this feature because Livin' Paylater can be used in millions of QRIS merchants and dozens of partners to meet the needs of lifestyle in the Livin' Sukha feature. Users also don't have to worry about missing the bill, this service is equipped with an auto debit system that will cut the balance in an account connected to Livin' Paylater.

Buy first, pay later. For those who want to shop but haven't received a salary or want to take a vacation but don't have any funds. Relax, Livin' Paylater is ready to help you, "added Aquarius.

As part of the launch of this feature, customers can also enjoy attractive promos in the form of 100 percent cashback which can be used by customers to shop at various merchants from 18 to 31 December 2023.

For information, previously Bank Mandiri also offered multipurpose loans that could be submitted easily and quickly through the Livin' by Mandiri super app. During 2023, there have been 1 million debtors who have applied for loans with a total disbursement of more than IDR 5 trillion.

As for the beginning of the fourth quarter of 2023, the Livin' by Mandiri super application has been downloaded nearly 34 million times and is able to manage transaction value of up to IDR 2,600 trillion with a frequency of 2 billion transactions.

"Bank Mandiri is committed to innovating and providing the best financial and non-financial experiences to customers digitally," Aquarius concluded.