Indosat Ooredoo has partnered with financial services solutions provider GoSwiff International and Indonesian state bank BNI to roll out its mobile payment acceptance solution, D-Pay.
GoSwiff will act as technology and business partner, while BNI will serve as the acquiring bank for the launch, according to Indosat Ooredoo.
D-Pay enables merchants to accept mobile payments, allowing their customers to make payments using debit or credit card – Visa, MasterCard and JCB – and using eWallet, anywhere, anytime at enabled D-Pay merchants.
GoSwiff said that D-Pay transforms merchants’ mobile devices into multifunctional payment platforms. It enables merchants that do not have access to the relevant infrastructure or do not generate sufficient revenue to qualify for traditional point-of-sale (POS) services, to accept card payments by shifting to mobile point-of-sale (mPOS).
The new offering empowers merchants to boost their sales and number of customers, and ultimately grow their businesses. Additionally, mPOS will make the digital payment experience more secure and convenient from the customer’s perspective.
Indosat Ooredoo chief of new business and innovation officer Prashant Gokarn said: “D-Pay is the latest product from our Mobile Financial Business.
“In addition to our current products – electronic wallet, bill payments, eCommerce payments, domestic and international money transfer and branchless banking, D-Pay will help reduce cash collection and logistics costs for our eCommerce partners, which will in turn benefit customers with lower prices and assured deliveries.
“In Indonesia, payment solutions are still in an early stage of growth, as most retailers still use cash for payments or charge customers for credit card use. In addition to eCommerce companies, D-Pay is the answer for Small and Medium retailers, who need alternative payment methods but their business size makes standard Banking solutions expensive.”
Above all D-Pay comes packaged with data, voice and SMS, to support retailers in running their daily business activities.