# cashUP

> cashUP (formerly Cashlez, PT Cashlez Worldwide Indonesia Tbk) is a Jakarta-based payments company that turns any Indonesian merchant into a full acceptance point - card, QRIS, virtual account, BNPL and e-money - through Android EDC devices, soundbox terminals, mobile POS and a software SoftPOS. Founded in 2015 and the first payment-gateway firm listed on the Indonesia Stock Exchange (ticker CASH), it now serves more than 28,000 merchants and, under CEO Willy Chandry, has rebranded and pivoted toward a B2B focus.

- **Founded:** 2015
- **Headquarters:** Jakarta, Indonesia
- **Founders:** Warren Alexander de Souza (Co-founder), Teddy Tee (Co-founder), Steven Samudera (Co-founder)
- **Team size:** ~94 employees
- **Products:** cashDevice (EDC Android, EDC Soundbox, mPOS, Mini POS, Soundbox), cashSoftPOS, Cashlez Payment Gateway, cashPortal, cashAdvance
- **Notable:** First payment-gateway company listed on the Indonesia Stock Exchange (IPO 2020, ticker CASH)., Pioneer of the offline payment-gateway aggregator model in Indonesia., Grew from ~1,000 merchants in 2017 to more than 28,000.

## Products & services

- **cashDevice (EDC Android, EDC Soundbox, mPOS, Mini POS, Soundbox)** — A family of payment terminals - a dual-screen Android EDC, an audio-notification soundbox for dynamic QRIS, a mobile card reader that pairs with a phone, and portable mini terminals - that accept card, QRIS, contactless, virtual account, BNPL and e-money.
- **cashSoftPOS** — Software-based SoftPOS that turns an NFC-enabled Android phone into a contactless card and QR acceptance point, no extra hardware required.
- **Cashlez Payment Gateway** — The core online and offline payment-acceptance platform, plus payment links that can be shared over WhatsApp for remote billing.
- **cashPortal** — Real-time transaction dashboard with analytics, monitoring and automated reconciliation across all payment channels.
- **cashAdvance** — Merchant financing that gives businesses access to working capital based on their transaction history.
- **cashMove** — Mobile payment and cash-management tooling for merchants who operate on the go.
- **Open API platform** — Developer APIs that let e-commerce and business applications integrate cashUP's payment methods directly.
- **cashCare** — 24/7 merchant customer support.

## Achievements

- First payment-gateway company listed on the Indonesia Stock Exchange (IPO 2020, ticker CASH).
- Pioneer of the offline payment-gateway aggregator model in Indonesia.
- Grew from ~1,000 merchants in 2017 to more than 28,000.
- Holds a Bank Indonesia PJP Level II license and a QRIS Acquirer license.
- Certified to ISO 27001 and PCI DSS, with 2025 upgrades to the latest standard versions.
- Bisnis Indonesia CSR Award 2022.

## Latest updates

- **2026-03** — Annual shareholders' meeting (RUPST) forms a committee focused on the digital payments business.
- **2025-09** — Strategic partnership signed with Bank Muamalat to distribute cashUP EDC terminals to sharia merchants.
- **2025-08** — Official rebrand from Cashlez to cashUP, with new logo, cashup.id domain and @cashup.id email.
- **2025-01** — Willy Chandry appointed President Director (CEO), succeeding Irianto Kusumadjaja.

## Links

- Website: https://cashup.id
- LinkedIn: https://www.linkedin.com/company/cashupid
- YouTube: https://youtube.com/@cashupID
- Instagram: https://instagram.com/cashup.id
- Facebook: https://facebook.com/cashupID
- TikTok: https://tiktok.com/@cashup.id

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Profile page: https://yespress.io/cashup
Published by YesPress — https://yespress.io
Last updated: 2026-08-15
