New mPOS solution for Indonesian merchants launched by Indosat Ooredoo and GoSwiff
Indonesian telco Indosat Ooredoo and GoSwiff International have teamed up for a new mobile payment acceptance solution for merchants in Indonesia, D-Pay. Bank Negara Indonesia (BNI) is the acquiring bank.
D-Pay is a financial service that enables merchants to accept mobile payments, allowing their customers to pay using debit/credit cards (Visa, MasterCard and JCB) and e-wallets.
It also comes packaged with data, voice and SMS tools, to support the day-to-day business activities of retailers.
“D-Pay transforms merchants’ mobile devices into multifunctional payment platforms,” the vendors state. This mobile point-of-sale (mPOS) product is aimed at “merchants that do not have access to the relevant infrastructure or do not generate sufficient revenue to qualify for traditional POS services”.
Prashant Gokarn, chief of new business and innovation officer at Indosat Ooredoo, observes that “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”.
D-Pay, he adds, is “the answer for small and medium retailers who need alternative payment methods but their business size makes standard banking solutions expensive”.
Stefano Diemmi, head of global accounts at GoSwiff, says the company “is proud to have been selected by Indosat Ooredoo”.
GoSwiff is a Singapore-based financial solutions provider, launched in 2010. It offers integrated white-label payment gateways and mobile applications for online, mobile and in-store payments.