Integrated BB Messenger ‘chat’ payments service adds new functionalities for all BlackBerry users in Indonesia
Press releaseSeptember 24th 2013. Global Mobile Money experts Monitise plc (LSE: MONI.L) has announced that its BlackBerry Messenger (BBM) peer-to-peer (P2P) payments service, BBM Money, has been enhanced with new capabilities including a wide range of bill payments, cardless cash withdrawals via ATMs and access via Wi-fi. The added features are designed to further increase the convenience of the BBM Money service launched earlier this year through Monitise’s joint venture with Astra Graphia Information Technology (PT AGIT Monitise Indonesia) in partnership with Indonesian financial institution PT Bank Permata Tbk (PermataBank) and BlackBerry.
The bill payment feature will enable BBM Money users to easily and conveniently pay a wide range of bills including utilities, credit cards, post-paid mobile, internet and cable TV.
The ability to top-up electricity prepaid accounts will be key for users as state distributor PLN rolls out this model across its customer base – already over 5 million Indonesian households are on prepaid terms.
New BBM Money users can access the service by downloading the application from BB App World and undertaking a simple registration process, all instantly via their device.
The innovative extension of PermataBank’s cardless cash withdrawal service through the bank’s 800 plus ATMs provides another option for withdrawing funds from BBM Money.
This is in addition to the existing facility to transfer money to any bank account.
The introduction of access via wifi will make the downloading and use of BBM Money less dependent on mobile network data speeds and means it is now available to BB subscribers who do not have a data plan.
Bianto Surodjo, Head, Liabilities, Wealth Management & e-Channel at PermataBank, commented, “The roll-out of the new features will enable even greater convenience for Indonesian consumers and reflects our desire to meet their needs in an increasingly mobile world.”
“Bill payments, in particular, will prove useful in light of the ongoing rise in the number of pre-paid utility accounts among Indonesian residents.”
Darren Sugden, CEO of Monitise Asia Pacific, said, “The enhancements are designed to meet the day-to-day needs of the consumer – many of whom are already benefitting from the P2P payments service to pay money to friends or family or buy goods from user groups which exist within BBM Money in Indonesia.”
“Functionality such as bill payments and cardless cash withdrawals will increase the level of convenience for users.”
“We are excited to be developing these innovative mobile services alongside our partners in Indonesia, and proving that mobile has a key role to play in banking, payments and commerce around the world.”
Alastair Lukies, CEO of Monitise Group, said, “Monitise continues to build its global Mobile Money leadership position in deploying platforms for leading financial institutions such as PermataBank.”
” The success of BBM Money in Indonesia is a great example of how the financial industry can innovate and capitalise on the fast-growing Mobile Money space.”
“We are excited by the opportunities ahead of us and focused on executing our strategy of enabling the world’s leading financial institutions to make money mobile for everyone as it becomes increasingly digitised.”
PT Bank Permata Tbk (PermataBank) was formed by a merger of 5 (five) banks: PT. Bank Bali Tbk, PT. Bank Universal Tbk, PT. Bank Artamedia, PT. Bank Patriot and PT. Bank Prima Express in 2002. It has grown to be a major bank within Indonesian banking sector that offers innovative and comprehensive banking products and services, especially with its delivery channels that are equipped with Internet Banking and Mobile Banking features. PermataBank envisions to be the pioneer in delivering innovative financial solutions. Serving approximately two million customers in 58cities in Indonesia, as of July 2013 the Bank runs 303 branch offices (13 of which are dedicated to sharia banking), 17 mobile branches, three payment points, 857 ATMs accessible from a network comprising 50,000 ATMs (VisaPlus, Visa Electron, MC, Alto, ATM Bersama and ATM Prima).
The latest recognition on PermataBank’s outstanding achievement includes 3 awards in 2013 Asiamoney Cash Management Poll are Indonesia’s Best Local Currency Cash Management Services, Indonesia’s Best Local Cash Management Bank for Small Size of Annual Sales Turnover and Indonesia’s Best Overall Domestic Cash Management Services for Medium Size of Annual Sales Turnover; The Best SMS Banking and ATM Banking Service Excellence in 2012-2013 and 3rd Best overall performance; The Best and top ranking Islamic Bank in service excellence for three times, The Gold Award for the Priority Banking Service Quality Award 2013, the Best Islamic Bank in assets> 500 Billion of Karim Award 2013; 3 Stevie Awards received in the 9th International Business Awards (IBA) 2012: from ELT Forum as the “Internal Communications Campaign/Program of the Year” (Silver Award), from Unite for Education (UFE) as “Public Service Campaign of the Year” (Silver Award) and from Life Skills through Soccer Development School, CSR Program as “Community Relations Campaign of the Year” (Bronze Award).
About AGIT Monitise Indonesia
PT AGIT Monitise Indonesia is a joint venture between Monitise Asia Pacific and Astra Graphia Information Technology (AGIT) created to bring a full range of secure mobile banking, payment and commerce services to Indonesia. AGIT, established in 2004, is an information and communication technology business and part of PT Astra Graphia Tbk (IDX: ASGR), a majority-owned subsidiary of PT Astra International Tbk (IDX: ASII). As at 31 December 2012, Astra employed over 185,850 people in 170 companies, including subsidiaries, associates and jointly controlled entities and is one of the largest publicly-listed companies in Indonesia.
About Monitise Asia Pacific
Monitise Asia Pacific is a 50/50 joint venture between Monitise plc and First Eastern Mobile Investments Ltd, part of the First Eastern Investment Group, created in 2010 to develop mobile banking, payment and commerce services in the Asia Pacific region. First Eastern is a leading Hong Kong-based investment group pioneering in the field of direct investments in China founded by Victor Chu in 1988.
Monitise (LSE: MONI) is a world leader in Mobile Money – banking, paying and buying with a mobile device. Leading banks, payments companies, retailers and mobile networks utilise Monitise’s technology platforms and services to securely connect people with their money. Already 24 million consumers benefit from our patented technology to ‘bank anywhere’, ‘pay anyone’ and ‘buy anything’ accounting for $50 billion of payments, purchases and transfers annually.