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.
Great Indian (GI) Retail Group, one of India’s and South East Asia’s leading electronic payment and retail-assisted e-commerce groups, has been acquired Germany’s Wirecard.
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.
CardWeb.com’s CardConferences today features the MOBILE WALLET 2015 conference, August 18-21, at the Grand Hyatt Jakarta, Indonesia.
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.
HomeSend becomes the first international remittance provider to give users access to Indosat’s 24,000 locations and 60 million users. HomeSend is a joint venture created by MasterCard, eServGlobal and BICS.
HomeSend, eServGlobal and BICS announced an agreement with Indosat to make remittance services available in Indonesia.Through Indosat’s Dompetku Mobile Money platform, users can safely send and receive funds across Indonesia’s largest mobile money network. The HomeSend service enables consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets – regardless of their location or that of the recipient. The International Fund of Agricultural Development (IFAD), a specialized agency of the United Nations, estimates that 6.5M Indonesians will send funds to family or friends back home in 2014. The World Bank estimates that in total, $7.5B in remittance payments will be made into Indonesia this year.
PT JCB International Indonesia, subsidiary of JCB International Co., Ltd., the international operations arm of JCB Co., Ltd. (hereinafter collectively “JCB”), and Bank Negara Indonesia (“BNI”) are pleased to announce the launch of the Kartu Kredit BNI JCB Platinum card. BNI was the first bank in Indonesia, established by the government in 1946, and now has a nationwide network of 1,694 outlets spread throughout 34 provinces and 384 counties in Indonesia and 11,175 ATMs serving the Indonesian people. BNI is one of the top ranked in the credit industry as well, having issued 1.7 million cards to consumers and acquiring credit transactions at 40,000 merchants. JCB cards are today issued in 16 countries with 83 million cardmembers and accepted at 24 million merchants in 190 countries and territories around the world. JCB entered into the Indonesian market in 1983 to expand JCB card acceptance and JCB card issuing to residents of Indonesia was launched in 1996. JCB and BNI signed an issuing and acquiring license agreement in May 2013, culminating in the launch of the new Platinum card.
CSG Systems International software and services-based business support solutions that help clients generate revenue and maximize customer relationships has been selected by PT. XL Axiata Tbk (XL) mobile network operators to implement a single mediation solution for prepaid and postpaid services. XL mobile operator serves over 46 million subscribers and selected CSG Total Service Mediation (TSM), to replace multiple legacy mediation systems and support online processing for billions of events per day, at throughput rates of over 46,000 Transactions Per Second.
Tyfone partnered PT Number One (www.no1.co.id) secure ID card and card personalization solutions business, bringing the suite of Tyfone mobility solutions to the Indonesian market, starting with the financial services industry. Tyfone’s robust, carrier neutral and device independent, mobile financial solutions suite branded iCashe™ includes: mobile banking; patented smartcard based identity management for mobile security; and mobile payments, with and without NFC. PT Number One enabled the personalization of more than 100 million cards for Indonesia’s leading banks, including each of the top 10 banks. The partnership combines PT Number One’s business acumen and market share with Tyfone’s proven ability to deliver integrated mobile banking and mobile payments functionality on a single platform.
TIBCO Software announced that PT XL AxiataTbk (XL), Indonesia’s second largest mobile carrier, has chosen TIBCO software to power its new mobile payment solution, expanding its revenue opportunities and bridging economic barriers for the country’s unbanked population. Indonesia ranks among the world’s top users of mobile phones, and it is not uncommon for consumers to…
NEC Corporation announced the global launch of its new “TWINPOS G Series” in addition to its “TWINPOS Series” POS terminal products to reduce total cost of ownership for customers through its exceptional serviceability, reliability and power conservation. The “TWINPOS G5″ touch screen POS terminal and the “TWINPOS G7″ compact POS console begin today throughout markets worldwide, including China, Southeast Asia, India, the Middle East, Central and North America and Europe. Shipment of the “TWINPOS G7″ and the “TWINPOS G5″ are scheduled to begin in July 2011 and October 2011 respectively. The “G Series” lineup of products is designed to meet an ever expanding range of market needs. The “TWINPOS G Series” that contribute to reducing TCO reduce maintenance costs through serviceability, high quality and high reliability.