Indonesia’s Indosat Ooredoo has launched a new mobile payment service for retailers, reports Retail News Asia.
The platform titled D-Pay is a collaborative project with GoSwift International and Indonesian banking chain BNI.
D-Pay will allow merchants to use their existing mobile devices as multifunctional payment platforms, accepts Visa, MasterCard or JCB credit and debit cards, as well as eWallet services.
D-Pay services for retailers come bundled with data, voice and SMS allocations from the operator.
“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 Prashat Gokarn, Indosat Oolerdoo’s Chief Officer New Business And Innovation
The service is tailored for ecommerce companies, as well as SME retailers in need of alternative payment methods but unable to easily afford standard banking solutions.
This service simplifies things by allowing merchants who do not have access to traditional point of sale services to still accept card payments. This initiative should be particularly popular with smaller merchants who want to penetrate a wide range of customers without investing heavily in banking infrastructure.
A version of this appeared in Retail News Asia on August 7. Read the full version here.