Users of BBM, BlackBerry's app that provides private social networking service on mobile devices, will now have access to enhanced mobile payment features via the app. Blackberry, a global leader in mobile communications, announced this week a number of new enhancements on its BBM app, which is now available on Android®, BlackBerry, iOS or Windows Phone® operating platforms.
The announcement was made for users in Indonesia, a country of more than 250 million people, enabling mobile users in the country to leverage on the app's BBM Money feature to conduct mobile payments and a host of other banking and financial transactions securely using their mobile device. According to Blackberry, Indonesia makes an attractive target for the role out of mobile money services given that its debit card penetration is only 11% and it records the second fastest growth rate in the world in e-commerce after China.
BBM Money, which was developed by Monitise, a provider of mobile banking and payment services together with Pertama Bank of Indonesia, which will manage the service, was previously offered as a mobile wallet service exclusive for BlackBerry users. With the present enhancement, BBM Money will be available across Android and iOS platforms, regardless of the customer's bank and whether the customer has a bank account. The new BBM Money enables users to make payments in stores and via online and offers bank-grade security and privacy protection.
The new BBM Money service will be available to Indonesian customers beginning next year.