
Indonesian gadget review and e-commerce site TeknoUp.com (1) announced on Friday that it now accepts payment by credit card, which is powered by Indonesian payment gateway Veritrans. TeknoUp CEO Citra Purnawijaya then explained to us about the company’s progress last year:
We managed to be sustainable in 2012 in terms of growth and store traction. Without any advertisement unlike other giant e-commerce sites, we are happy with the state of TeknoUp organic growth, especially for the store.
Citra said that he is seeking further dominance and growth for TeknoUp as the local gadget portal in Indonesia this year. He shared that TeknoUp’s monthly revenue is still under IDR 1 billion (US$ 103,000) Though the company has had an Android app since 2011, it only plans to release its iOS app soon.
Besides TeknoUp, Veritrans is also powering design crowdsourcing company Sribu’s credit card payment system.
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Disclosure: East Ventures is an investor in TeknoUp, Sribu, and TechinAsia. See our ethics page for more information.
The post TeknoUp Earns Tens of Thousands of Dollars Every Month, Now Accepts Credit Card Payments appeared first on Tech in Asia.
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