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View all search resultsEconomy in brief: Mandiri, Indomaret team up on e-payment
As part of efforts to reduce cash transactions, state lender Bank Mandiri is cooperating with minimart chain Indomaret in the use of âMandiri e-cashâ payments
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s part of efforts to reduce cash transactions, state lender Bank Mandiri is cooperating with minimart chain Indomaret in the use of 'Mandiri e-cash' payments.
'With this payment system, people can go to the store and make transactions on their mobiles,' Mandiri senior vice president for electronic banking Rahmat Broto Triaji said on Wednesday.
Indomaret market director Wiwiek Yusuf said, 'Cash means we have to be ready with small change all the time and the balance in the company's account isn't automatically updated. [...] We believe this new payment system will help us in this case.'
Wiwiek said the payment system would be available in all 11,700 Indomaret stores nationwide.
