Digital payment and e-commerce platform, KinerjaPay” has inked Indomaret and Alfamart, two of Indonesia’s largest convenience store chains, will now allow customers to make payments on any transaction performed inside KinerjaPay platform. KinerjaPay notes as the vast majority of our customers do not have bank accounts or credit cards, virtually all transactions are made with…
Wirecard Indonesia PT Prima Vista Solusilaunched a Point-of-Sales Payment Gateway enabling retailers to process card transactions through multiple acquiring banks. With this, Wirecard offers latest internet technology at the POS as the infrastructure encompasses multi-brand POS software that supports payment by international cards such as Visa and MasterCard, as well as National Debit cards. In…
Verifone has ankled Irni Palar as the general manager of its domestic operations in Indonesia. Based in Jakarta occupying a newly opened office facility, Palar spearheads Verifone’s commitment to providing world-class payment technology and collaborating with banks and its partner community in Indonesia. Irni comes to Verifone from Mastercard where she was the Indonesia director…
Jakarta-based PT Bank Rakyat Indonesia (Persero) Tbk. (BRI) and JCB International are set to launch the BRI JCB Platinum Credit Card in spring 2017 and plans to issue 50,000 by year-end 2017. Bank BRI is a top bank in Indonesia with an extended network of more than 10,000 outlets and more than 100,000 e-Channel outlets.…
UnionPay has signed comprehensive cooperation agreements with the top three Indonesian acquirers to substantially expand its acceptance footprint in the market, and to better support the implementation of the Belt and Road strategy. These three acquirers are BCA, the biggest private bank in Indonesia, and Mandiri and BRI, two major state-owned banks. It is estimated…
The Indonesian cards and payments market is growing rapidly at a CAGR of 10.3% with pay now cards leading the growth at an 11.9% CAGR. The percentage of the urban population in total population of the country grew from 51.3% in 2012 to 53% in 2014 and is expected to grow further over the forecast…
Telkomsel Indonesia has launched its digital wallet for its 140 million subscribers. The TWallet is powered by Mozido in partnership with Verifone, and Finnet Indonesia.
The 14th JCB World Conference held in Bali this week was a smash hit. Approximately 510 people from about 200 partner companies and financial institutions in 32 countries and territories participated in the conference.
Telkomsel Indonesia the largest mobile network operator (MNO) in South East Asia has hooked up with Verifone Mobile Money and Finnet Indonesia to introduce TCash Tap to merchants across Indonesia, allowing Telkomsel’s more than 140 million subscribers to tap and pay using their mobile device.
PT Bank Rakyat Indonesia (BRI) has inked a new partnership for card payment business with JCB. This new deal partnership starts from the acceptance of JCB cards at BRI’s acceptance locations, as well as payment card issuing with JCB brand.
Indonesia’s Finnet currently uses the WAY4 platform for transaction switching between more than 60 banks and 20 billing companies. WAY4 is expected to support 120 million transactions in 2015.
Jakarta-based Bank Mandiri, one of the largest state banks in Indonesia, and JCB have inked a deal for the acceptance of JCB cards at Mandiri’s ATMs and EDC. A payment card issuing deal is also on the table between the two giants.