Mobile network operator Telkomsel Indonesia has launched an NFC mobile payment and loyalty service in partnership with Verifone Mobile Money and financial services provider Finnet Indonesia to allow more than 140m subscribers to tap and pay with their mobile device at participating merchant locations.
“Verifone Mobile Money’s software enables mobile phones and merchant terminals to seamlessly connect to the TCash wallet, enabling tap and pay with your mobile for everyday purchases,” Verifone Mobile Money says. “Finnet connectivity provides the mobile user access to Indonesia’s banks nationwide.
“The rollout — which includes fast food, cinema and supermarkets — will accept any NFC enabled device and enables users with the TCash mobile wallet to tap and pay in thousands of merchants across Indonesia including McDonald’s, Wendy’s, Coffee Bean, Baskin Robbins, 7 Eleven, Cinema XXI, GraPARI, Alfamart and Indomaret stores.”
A video shows how TCash works:
“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,” says Chris Jones, chief executive of Verifone Mobile Money. “We have concentrated on delivering a world first solution to Telkomsel with integrated loyalty.”