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

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    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