Indonesia’s Bank Mandiri and goSwiff launch mPOS service

• Helps bank bring more payment alternatives to Indonesian merchants and consumers
• Solution can take service orders, provide inventory and offer loyalty programmes

BANK Mandiri, the largest bank in Indonesia, has launched a mobile payment solution called Mandiri Mobile POS (point of sale) in collaboration with Singapore-headquartered goSwiff and its local partner Indopay.
 
Mandiri mPOS answers to the needs of the bank’s customers for security, convenience and reliability in card transactions with Visa and MasterCard, goSwiff said in a statement.
 
Leveraging goSwiff’s mobile commerce and marketing experience, the new mPOS solution helps Bank Mandiri to bring more payment alternatives to Indonesian merchants and consumers.
 
The Indonesian Government is encouraging a cashless society by reducing cash transactions, and Mandiri Mobile POS provides one channel for that, the company added.
 
“The advantage is that we offer mobile payments along with our existing POS solution to the merchants,” said Frans Usthavia Rico, senior executive vice president of Transaction Banking at Bank Mandiri.
 
“Mandiri mPOS is equipped with functions to take service orders, to provide inventory and to offer loyalty programmes for the merchant’s customers.
 
“The solution can be integrated with the merchant’s existing POS system, hence offering a more complete solution,” he added.
 
For F&B (food and beverage) merchants, mPOS allows a restaurant waiter to serve their customers personally at their table without the need for a customer to queue at the checkout counter. The payment on the spot prevents any card misuse by unauthorised parties, goSwiff claimed.
 
“We are very excited by this partnership with Bank Mandiri expanding cashless transactions to new merchants and to new locations,” said goSwiff Asia Pacific president Eric Laurent.
 
“Indonesia is a core market for goSwiff and we strongly believe that consumers, merchants and also government entities will benefit from our mobile commerce solution,” he added.
 
Incorporated in 2010, the Singapore-based goSwiff now has clients in 25 countries.
 
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