Local Payments: New Feature to boost the AppCoins Ecosystem (Updated!)
In order to keep AppCoins’ goal of increasing the volume of the AppCoins ecosystem agents (Developers, App Stores, OEM’s and Users) and consequently the usage of the AppCoins Protocol, we have launched a feature: Local Payments.
Up until now, the AppCoins Wallet already supported two local payment methods: PayTM in India, and GoPay in Indonesia — the biggest payment methods in these countries, respectively.
Now, we have integrated five new local payment methods. These are all the local payments we currently support:
- India: PayTM
- Indonesia: GoPay, OVO, LinkAja and Doku Wallet
- Philippines: GCash and GrabPay
This will provide users from Indonesia with three new local payment options, as well as give users from the Philippines the choice of making in-app purchases in their favorite games, using a local payment method.
The initiative is part of a strategy to give the opportunity to the unbanked to become themselves spenders in the app economy, boosting the core development of the AppCoins ecosystem.
“The more payment options we can offer, the more users can enjoy an app economy where sometimes they are excluded from due to the fact that they do not have a bank account, especially in some emerging markets like India and Indonesia. This will also be beneficial to developers and app stores alike that sometimes have the challenge to monetize in some of these markets” says Tiago Alves, VP Asia Pacific.
The idea is to keep working with CODA and add more local payment options across the globe.