Indosat Ooredoo is announcing the launch of its mobile payment acceptance solution D-Pay. Indosat Ooredoo is collaborating with GoSwiff International, a financial services solutions provider, as technology and business partner, and with BNI as the acquiring bank for the launch.
D-Pay is a financial service that gives merchants the freedom to accept mobile payments, allowing their customers to make payments using debit or credit card (Visa, MasterCard, JCB) and via eWallet, anywhere, anytime at enabled D-Pay merchants.
D-Pay transforms merchants’ mobile devices into multifunctional payment platforms, enabling 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). This shift will empower merchants to increase their sales and number of customers, and ultimately grow their businesses. From the customer’s perspective, mPOS will make the digital payment experience more secure and convenient.
“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”, said Prashant Gokarn, Chief of New Business and Innovation Officer Indosat Ooredoo. “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”.
The use of digital payments is helping create a new generation of merchants, who are able to accept payments in methods other than cash, and also benefits customers by making the transaction easier, safer and more efficient.
“We are proud to have been selected by Indosat Ooredoo to provide mobile payment solutions in such a vast market as Indonesia. With many years in serving the Indonesian customers, we look forward to serving local merchants even better,” said Stefano Diemmi, Head of Global Accounts, GoSwiff International.
“We were looking for a solution to expand the usage of E-Money for cashless payments, which requires a card acceptance method to read E-Money cards called Dompetku”, said Randy Pangalla, Head of Mobile Finance Group Indosat Ooredoo. “It’s a strong collaboration with GoSwiff as technology partner and BNI as the acquiring bank. We believe our expertise will strengthen the partnership in market acquisitions and innovation, while providing better services for our customers. This partnership will be revolutionary not just in Mobile Payment landscape in Indonesia but also in shaping consumers’ attitude toward a cashless society”.
On top of that D-Pay comes packaged with Data, Voice and SMS, to support Retailers in running their daily business activities.
About GoSwiff International
GoSwiff International is a global financial solutions provider. We offer integrated white label payment gateways and mobile applications for online, mobile and in-store payments – and are helping to meet the growing demand for digital payments in both emerging and developed markets.
Our secure payment solutions are benefitting financial institutions, mobile network operators, merchants and consumers by increasing financial inclusion and providing a safer, faster and more cost-efficient means of payment.
Incorporated in 2010, GoSwiff is headquartered in Singapore and currently has operations in 25 countries around the world.
For media inquiries, please contact Paulo Silva at +65 6222 2883 or by email email@example.com
About Indosat Ooredoo
Indosat Ooredoo (IDX:ISAT), member of Ooredoo Group, is building Indonesia’s leading digital telco, enabling access and greater connectivity for everybody and every business. Focusing on human growth, Indosat Ooredoo aspires to enrich the lives of Indonesians in the digital world and proactively offer solutions to fulfill their needs.
The company reported 69.8 million mobile customers as per first quarter 2016 and has recorded an increase of 52.5% in data usage compared to last year. Supported by 3,000 employees, Indosat Ooredoo has recorded an increase revenue of 11.8% compared to last year. Indosat Ooredoo was recognized in the Most Innovative Company of the Year category in the 2015 Asia Pasific Stevie Award.
Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people’s lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestina, the Maldives, Myanmar and Indonesia. The company was named “Most Innovative Company of the Year – MEA Region” at the 2015 International Business Awards.
The company reported revenues of USD 8.8 billion in 2015 and had a consolidated global customer base of 117 million customers as of 31 December 2015. Ooredoo’s shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.