Indosat Ooredoo launches m-payment for retailers
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Indonesia’s Indosat Ooredoo has launched a new mobile payment service for retailers, in collaboration with GoSwift International and banking chain BNI.
The new D-Pay service will allow merchants to use their exsting mobile devices as multifunctional payment platforms, accepting payments based on 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.
“D-Pay is the latest product from our Mobile Financial Business,” Indosat Ooredoo chief of new business and innovation officer Prashat Gokarn said.
“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.”
He said the service is tailored for e-commerce companies, as well as SME retailers in need of alternative payment methods but unable to easily afford standard banking solutions, by allowing merchants who do not have access to traditional point of sale services to still accept card payments.
Questions & Answers
Q.Which companies are involved in the launch of the new mobile payment service?
Which companies are involved in the launch of the new mobile payment service?
Indosat Ooredoo launched the service in collaboration with GoSwift International and the banking chain BNI. This partnership brings the D-Pay service to market for retailers.
Q.What types of payments can retailers accept using the D-Pay service?
What types of payments can retailers accept using the D-Pay service?
Retailers can accept payments from Visa, MasterCard, and JCB credit and debit cards. The service also supports various eWallet transactions using their existing mobile devices.
Q.How will the D-Pay service specifically benefit eCommerce partners?
How will the D-Pay service specifically benefit eCommerce partners?
For eCommerce partners, D-Pay aims to reduce cash collection and logistics costs. This is expected to result in lower prices and more assured deliveries for customers.
Q.Who is the D-Pay service primarily designed to help?
Who is the D-Pay service primarily designed to help?
The service is tailored for e-commerce companies and SME retailers requiring alternative payment methods. It particularly benefits merchants without access to traditional point-of-sale systems.
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