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State-owned banks gear up for ATM integration
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Money booth: A man makes a cash withdrawal at an ATM in Jakarta. State-owned lenders will launch next month ATM Himbara Link to offer their customers with simpler and lower-cost electronic transactions. (tempo.co/Eko Siswono Toyudho)
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ustomers of state-run lenders will soon enjoy simpler and lower-cost electronic transactions with the upcoming integration of the banks’ ATMs.
Bank Rakyat Indonesia (BRI) director Sis Apik Wijayanto said the integration, which will start in December, would allow customers of four lenders under the State-Owned Banks Association (Himbara) – Bank Mandiri, BRI, Bank Negara Indonesia (BNI), and Bank Tabungan Negara (BTN) – to withdraw cash from ATMs under the ATM Himbara Link brand free of charge.
"The interface of an ATM will change according to the card being used. If you use a Mandiri card, you will receive a receipt with a Mandiri logo on it, the same goes for BRI card users," he told reporters on Wednesday.
Earlier this year, the four banks signed a memorandum of understanding (MoU) with state-owned telecommunications firm Telkom for the establishment of the country’s first domestic payment principal company.
The company will facilitate electronic transaction switching between state-owned banks that currently dominate more than 50 percent of nationwide banking transactions, facilitating faster transactions among banks.
According to Himbara’s calculations, a state-owned switching company will lead to savings in ATM investment and maintenance of Rp 6.8 trillion (US$520.2 million) per year.
Himbara members currently operate around 50,000 ATMs, but the initial stage of the integration will only include 10,000 of them.
"We have to carry out the integration step by step, as not all ATMs are made by the same vendor," Sis said. (hwa)
