State-owned lender Bank Mandiri has signed a cooperation agreement with state-owned postal company PT Pos Indonesia to enable its customers to top up their pre-paid e-money cards at all outlets of the postal company across the country.

“Bank Mandiri will also cooperate with other organizations to give customers more alternatives to top up their cards,” Mandiri senior executive vice president for consumer and transaction Jasmin said on the sidelines of the recent signing ceremony in Jakarta.

Currently, customers can top up their e-money cards at the bank’s ATMs and at Indomart convenience stores.

Jasmin claimed that Mandiri was a pioneer in the use of pre-paid cards in Indonesia. As of December 2018, the bank had issued 16.4 million e-money cards, which can be used with more than 45,000 merchants.

The bank has opened 60,000 top-up locations at its own branches, ATMs and minimarkets.

The number of transactions using the e-money cards was 1.1 billion in 2018 with a total value of Rp 13.4 trillion (US$952.99 million).

Meanwhile, PT Pos Indonesia financial director Eddi Santosa said the company has 4,800 outlets across the country.

“With the cooperation [agreement], e-money holders can top-up their account balances even in rural areas,” he said, adding that 3,000 outlets of the company would be equipped with top-up devices. (das/bbn)