Bank Mandiri, goSwiff launch m-payment in Indonesia

CMO Innovation editors
18 Sep 2014
Daily News

Bank Mandiri in Indonesia has launched a mobile payment offering in partnership with goSwiff and local partner Indopay.

Mandiri Mobile POS, or mPOS, works with credit cards from Visa and MasterCard, using goSwiff’s mobile commerce and marketing experience to offer security, convenience and reliability in card transactions.

“The advantage is that we offer mobile payments along with our existing POS solution to the merchants. mPOS is equipped with functions to take service orders, to provide inventory and to offer loyalty programs for the merchant’s loyal customers,” said Frans Usthavia Rico, Senior Executive Vice President of Transaction Banking, Bank Mandiri in a statement. “mPOS solution can be integrated with existing POS already owned by the merchant, hence offering a more complete solution to our clients.”

Essentially, a restaurant waiter can serve their customers at their table without the need for them to queue at the checkout counter to pay. Importantly, paying on the spot also serves to prevent the possibility of credit card misuse by unauthorized parties.

Both Android and iOS platforms are supported, and the app can be downloaded from the Apple App Store or Google Play. The app runs on either smartphone or tablet, and is paired with the use of a card reader. According to the bank, such a setup allow for card transactions to be done anywhere, while proof of payment can be sent to customers electronically vial email or SMS.

“We are very excited by this partnership with Bank Mandiri expanding cashless transactions to new merchants and to new locations. Indonesia is a core market for goSwiff and we strongly believe that consumers, merchants but also government entities will benefit from our mobile commerce solution”, says Eric Laurent, President APAC, goSwiff. “This new partnership confirms goSwiff’s vision of being the global mobile commerce platform and marketing services provider.”

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