PT Cashlez Worldwide Indonesia Tbk (CASH) targets an increase in gross transactions of 10 trillion this year.

"Seeing the rapid development of digitalization in Indonesia, we see enormous potential for the payment solution industry and will continue to provide support to business actors to develop their business in the current digital era," said President Director of Cashlez, Suwandi in his statement, on Thursday. (3/6).

He explained, throughout 2020, the company recorded an increase in net income to Rp84.32 billion or 407.73% compared to Rp16.61 billion recorded in 2019.

"This increase has resulted in growth in the company's profit share from a net loss of Rp. 10.85 billion, which decreased to Rp7.13 billion in 2020," he explained.

Furthermore, Cashlez also processes QRIS payments, expands payment options, and partners with financial institutions to access funding.

"We believe that consistent efforts wil