BCcard

BCcard Asia Pacific has recently signed a MOU with Finnet Indonesia for collaboration on May 24^th.

Finnet is one of the largest local payment gateway and bill payment service provider in Indonesia. Finnet has more than seven different licenses from Bank Indonesia including payment gateway, remittance, and e-money and receives strong support from its mother company, Telkomsel Indonesia.

BCAP and Finnet have been discussing a business concept of providing acquiring service to regional banks in Indonesia. Based on this MOU, the companies will set up a task force team to conduct preliminarily analysis for the business model, formation, and the system.