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Top facts of the new electronic
money service Indonesians’ can experience: -
- ‘Indosat’, Indonensia’s leading mobile
company has a base of 60 million subscribers
- Though a tieup with HomeSend, 6.5
milion Indonesians staying abroad can send remittances to Indosat subscribers
spread across Indonesia.
- The remittance services will be available
through Indosat’s
Dompetku Mobile Money Platform.
- HomeSend will also be the first
international remittance provider to give users access to Dompetku’s
24,000 locations.
- The HomeSend service enables consumers
to send money to and from mobile money accounts, payment cards, bank
accounts or cash outlets – regardless of their location or that of the
recipient.
- The World Bank estimates that in
total, $7.5B in remittance
payments will be made into Indonesia this year.
- HomeSend is a joint venture created by
MasterCard, eServGlobal and BICS that enables B2B cross-border and
cross-network value transfers through a single connection.
- Indosat is a leading telecommunication
and information service provider in Indonesia that gives mobile phone
services, data communication services, internet services (MIDI), and
mobile money services.