Bank Mandiri Expects E-Money Card Users to Hit 9mn

Translator

Editor

Kamis, 1 Januari 1970 07:00 WIB

e-money. shutterstock.com

TEMPO.CO, Jakarta - State-owned lender PT Bank Mandiri (Persero) Tbk. is aiming to have 9 million e-money card users by the end of the year.


Bank Mandiri Director for Retain Banking Tardi said that the current number of e-money cards in circulation are 8.26 million.


“In the third quarter last year, the number of our e-money [cards in circulation] are 6.13 million. We will continue to develop our electronic money [service] to support cashless society,” he said Tuesday in Jakarta, as quoted by Bisnis Indonesia.


Tardi said that transaction volume has increased by 47.7% year-on-year to 264.9 million by September 2016. Whereas transaction value grew by 38% year-on-year to Rp2.5 trillion.


Bank Mandiri Director for Finance & Treasury Pahala N. Mansury said that the company has made significant investments, particularly in toll road payment service vie e-Toll.


“We focus more on marketing and branding,” he said.



BISNIS.COM




Related News

Bank Mandiri Ensures Safe Operation after Fire Hits Head Office

11 Agustus 2022

Bank Mandiri Ensures Safe Operation after Fire Hits Head Office

Plaza Mandiri building, which is the head office of state lender Bank Mandiri, caught fire in the early hours of Thursday, August 11, 2022.

Read More

Bank Indonesia Partners with Thailand to Prevent Money Laundering

5 April 2019

Bank Indonesia Partners with Thailand to Prevent Money Laundering

Bank Indonesia (BI) and Bank of Thailand (BOT) are collaborating to prevent money laundering and terrorism funding.

Read More

Sri Mulyani Tapped as Asia-Pacific Best Finance Minister

4 April 2019

Sri Mulyani Tapped as Asia-Pacific Best Finance Minister

Finance Minister Sri Mulyani Indrawati has again tapped as FinanceAsia's Asia-Pacific Best Finance Minister of 2019 for three consecutive years.

Read More

Ovo, Go-Pay Not a Threat to Banks, LPS Says

26 Maret 2019

Ovo, Go-Pay Not a Threat to Banks, LPS Says

In the end, both OVO and Go-Pay would have to place their money in banks too, LPS says.

Read More

LPS Reviews Guarantee e-Money, e-Wallet

15 Maret 2019

LPS Reviews Guarantee e-Money, e-Wallet

The Deposit Insurance Corporation (LPS) is reviewing the guarantee insurance for customers' e-money and e-wallet.

Read More

OJK Eases Rule on Bank Consolidation

12 Maret 2019

OJK Eases Rule on Bank Consolidation

The Financial Services Authority (OJK) will ease the rule on banks' single presence policy.

Read More

Jusuf Kalla: Future of Banking Industry is Consolidation

27 Februari 2019

Jusuf Kalla: Future of Banking Industry is Consolidation

Jusuf Kalla predicts that Indonesia's bank industry is heading toward consolidation, either through mergers or acquisitions.

Read More

Mandiri Partners with Tokopedia, Bukalapak to Offer Digital Loan

27 Februari 2019

Mandiri Partners with Tokopedia, Bukalapak to Offer Digital Loan

Bank Mandiri assures that it will partner with two known e-commerce; Tokopedia and Bukalapak to introduce digital loan services.

Read More

Rupiah, JCI Weaken as BI Maintains 7DRR Rate

22 Februari 2019

Rupiah, JCI Weaken as BI Maintains 7DRR Rate

The Jakarta Composite Index (JCI) and the rupiah weakened on today's trade, February 22.

Read More

BRI: No Clients Affected by Bank Teller's Rp2.3 Bln Fraud

31 Januari 2019

BRI: No Clients Affected by Bank Teller's Rp2.3 Bln Fraud

Bank BRI assures that none of its clients are affected by the Rp2.3 billion embezzlement.

Read More