Flip

Flip.id is a financial technology startup based in Indonesia, providing a cost-effective and convenient money transfer service. The company operates a mobile application that allows users to send money to different banks than their own, saving them from high transfer fees. Flip.id has partnered with over 100 banks in Indonesia, including both private and regional development banks, making it a versatile platform for interbank transfers.

In addition to this, Flip.id also offers e-wallet top-up services for popular platforms such as DANA, OVO, GoPay, ShopeePay, and LinkAja. This means users can conveniently recharge their e-wallets directly through the Flip.id app, often at a lower cost than other methods.

Expanding its services internationally, Flip.id now enables money transfers from Indonesia to over 55 countries including Malaysia, Singapore, China, South Korea, India, Japan, Hong Kong, the UK, Australia, Thailand, the Philippines, Turkey, France, Vietnam, and several other European countries. This service, known as Flip Globe, is accessible through their application.

Flip.id also offers various digital products such as mobile credit, data packages, electricity tokens, and bill payments for utilities and cable TV. These services are available for a range of providers, making Flip.id a one-stop-shop for many financial transactions.

The company is licensed by the Bank of Indonesia and ensures the security of users' personal data and all transaction processes. Their business model is likely based on earning a small fee from each transaction made through their platform.

Keywords: Fintech, Money Transfer, E-Wallet Top-Up, Interbank Transfer, International Money Transfer, Mobile Application, Digital Products, Bill Payments, Bank of Indonesia Licensed, Secure Transactions.