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Indonesia,United States : MASTERCARD collaborates with BNI and TELKOMSEL to offer MPOS to EQUITY LIFE INDONESIA

July 2, 2014

MasterCard is in collaboration with Bank Negara Indonesia (BNI) and Telkomsel, who are offering mobile Point-of-Sales (mPOS) payment services to Equity Life Indonesia.

Mobile devices are transforming the payments experience, especially the point of sale for consumers and merchants. MPOS benefits businesses that are mobile in nature (such as insurance agents and food delivery), due to the lower cost of acceptance and because it enables them to offer the convenience and security of electronic payments to their customers.

MasterCard Indonesia is proud to collaborate with Bank Negara Indonesia (BNI) and Telkomsel to offer Equity Life Indonesia electronic payment services, BNI mPOS.

This new and innovative platform will facilitate safe, simple and smart electronic payments on the go. It will be beneficial to all parties, for the customers of Equity Life Indonesia, as well as its agents. MasterCard hopes that adoption of mPOS technology will enhance the payment experience for consumers, but also pave the way towards a cashless society.

The announcement comes after a similar mPOS offering was launched across Asia Pacific including in Vietnam, the Philippines, Myanmar, Hong Kong, Thailand, and Malaysia.

Since the mPOS system was launched in 2012, there has been a growth of 91.6% as of March 2014.

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Source: TendersInfo (India)

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