The largest mobile operator in South East Asia, Telkomsel Indonesia has teamed up with Verifone Mobile Money and Finnet Indonesia to introduce 'TCash Tap' to merchants across Indonesia, allowing Telkomsel's more than 140m subscribers to tap and pay using their mobile devices. The rollout which includes fast food, cinema and supermarkets will allow any NFC-enabled device to be used by users with the TCash mobile wallet service to 'tap and pay' in thousands of merchants across Indonesia including McDonald's, Wendy's, Coffee Bean, Baskin Robins and 7 Eleven.
According to Verifone, its Mobile Money's software enables mobile phones and merchant terminals to seamlessly connect to the TCash wallet enabling 'tap and pay' for mobile for everyday purchases. Finnet facilitates interbank connectivity, supporting a wide range of payment types and acceptance options.
Chris Jones, Chief Executive of Verifone Mobile Money
This launch has enabled contactless mobile payments in Indonesia to move into the mainstream with more and more consumers seeing the value of using their mobile device to purchase everyday items.
Chief Executive of Finnet Indonesia, Niam Dzikri
The demand for e-money services is increasing in Indonesia fueled by the government desire for a cashless Indonesia... With Finnet's experience in electronic payments coupled with the solution from Verifone Mobile Money we will enable Indonesia to move towards its goal of being a cashless economy.
