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View all search resultsThe transaction volume for e-money, which ranges from debit cards and credit cards to other forms of e-money such as BCA Flazz and e-wallets Go-Pay and OVO, skyrocketed 204 percent from January to date in Makassar, higher than 89 percent in Yogyakarta and 75 percent in Jakarta, which rank second and third respectively in transaction volume.
The term electronic money (e-money) and electronic wallet (e-wallet) become hype these days as the world is moving toward a cashless lifestyle. Both e-money and e-wallet have something in common. They are both digitalized system of payment. Nevertheless, e-money differs with e-wallet in the way it stores the users’ data.
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.
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