Mobey aims to be a payment and agency banking solution designed for financial institutions and merchants in Indonesia challenged by limited infrastructure and payment options.
The product allows banks to quickly extend their network in more than 160 Visionet’s service points across Indonesia. Using Mobey, merchants can offer card payment services to their customers at a fraction of the cost of EDC terminals. Standalone and mini-POS bundled options are available for the retail segment to facilitate payment.
Mobey also offers businesses the opportunity to use a white-labeled Mobey app or their own app, complete with integrated payment, loyalty and agency banking options.
“Mobey allows Visionet to expand its offerings to financial institutions by adding managed mPOS and payment services across Indonesia,” said Miko Yanuar, Sales Director, Visionet. “Coupled with SmartPesa’s cutting edge technology and deep knowledge of emerging markets, we are well positioned to provide banks and merchants in Indonesia with next-generation payment and agency banking solutions.”
“SmartPesa is continually looking to drive financial inclusion to better lives in emerging markets. This partnership with Visionet will help solve real-world practical problems by introducing our innovative technologies to the grassroots, and bringing much-needed payment solutions to Indonesia,” SmartPesa co-founder and CEO Barry Levett said.
First published in FinTech Innovation