Implementation of overseas remittance and exchange system
Last updated
Last updated
BYK PLATFORM does not simply look at the Indonesian and Korean markets. It plans to expand logistics to Southeast Asia, China, and other countries as close as possible. For shopping, the legal currency of one country is used as a payment method. For consumers in other countries to use it, the process is complicated and additional exchange fees are required. However, BYK PLATFORM can also solve problems such as exchange fees and exchange rates through BYK.
The average time to complete a payment in cross-border financial transactions is 3-5 days. The same payment with BYK takes only seconds. This is because BYK is not affected by any exchange rate and does not require any guarantees or intermediaries for payment.
These advantages can serve as sufficient motivation for global sellers targeting the Indonesian market and contribute to the expansion of the ecosystem. It is expected that the ecosystem will be able to grow sufficiently if it creates a global shopping market through online and quickly expands its scope to overseas markets.