Two SOE Subsidiaries' Synergy Promotes Financial Inclusion in Indonesia
Posted on : 2022-01-17 | Tags :

Photo caption: (Left-right) POSFIN Chief Marketing Officer Riano Bayu Satria, POSFIN Chief Operating Officer Sandi Mardiansyah, POSFIN Chief Executive Officer Setyo Budianto, Business & Marketing Director of Finnet Irena Aldanituti, GHO Trading & E-Commerce Services of Finnet Angelika Tiara Putri, and Vice President Financial & Trading Services of Finnet Firmanto A. Purawan posed for a group photo after signing the Cooperation Agreement between Finnet & POSFIN in Bandung (14/1). This collaboration is a form of commitment between the two state-owned subsidiary companies in promoting financial inclusion in Indonesia.

 

Jakarta, 17 January  2022 – PT Finnet Indonesia (Finnet), a subsidiary of PT Telkom Indonesia, has signed a cooperation agreement with PT Pos Finansial Indonesia (POSFIN), a subsidiary of PT Pos Indonesia (Persero). This cooperation agreement is a manifestation of the two state-owned companies' subsidiaries in promoting financial inclusion in Indonesia. Business & Marketing Director of Finnet, Irena Aldanituti and the company's senior leadership, and Chief Executive Officer of POSFIN, Setyo Budianto and the company's Board of Directors were among those attending the agreement signing.

With capabilities as a digital financial service connected to more than 80 banks, 122 billers, 12 payment partners, 46 e-commerce partners, and seven countries, Finnet is expected to be able to contribute more to the value and benefits of Pospay Agen, the applications that POSFIN manages. As a digital platform with an agency business network scheme, Pospay Agen is able to accommodate the needs for online banking payment point services and logistics courier services (Lo-Fintech). The app has multi-screen and multi-devices accessibility, from Android smartphones, EDC devices, and online websites. Finnet's role in Pospay Agen is to feature the Giropos source of fund service on the Finnet payment gateway on a host-to-host basis, giving users the convenience of conducting transactions via Finpay Money balances or Giropos balances at Pospay Agen.

In her remarks, Finnet Business & Marketing Director Irena Aldanituti, said this cooperation agreement is in line with Finnet's vision of accelerating financial inclusion in Indonesia. “Digital finance has now become a necessity of our daily life. In line with our vision of becoming the preferred digital financial service company to accelerate Indonesia's financial inclusion, we are optimistic that Finnet and POSFIN's collaboration will be able to provide access to various institutions, financial products and services according to the needs of the community."

POSFIN Chief Executive Officer Setyo Budianto concurred, said that the collaboration between Finnet and POSFIN is a very effective and intelligent way to transform the Indonesian economy towards a better direction. “Building financial inclusion in Indonesia is also our dream at POSFIN. One of our efforts is to strengthen Pospay, and we will continue to collaborate with Finnet Indonesia to improve the services we have, '' Setyo Budianto said.

In 2021, Pospay Agen had more than 100 thousand customers across 34 provinces and served more than nine million customers in Indonesia. Pospay offers solutions that include payment solutions and for-profit structures. Pospay offers its agents the benefits derived from the korgen scheme. The main specification for the first korgen level is the agent has to be a legal entity. In addition, Pospay also has an office in its working area and an agency network, and has to forge an agreement with the legal entity. Pospay is supported by a 24/7 sales and after sales support team that are accessible via the POSFIN helpdesk .

#DigitalBisa #UntukIndonesiaLebihBaik 

About Finnet Indonesia

PT Finnet Indonesia or Finnet is a subsidiary of PT Telkom Indonesia through Telkom Metra which forged cooperation with a subsidiary of Bank Indonesia Employee Welfare Foundation through Mekar Prana Indah.

Finpay is an umbrella brand product from PT Finnet Indonesia. It is a finance technology services provider that began its operation in 2006 and focuses on providing solutions for the banking industry, franchise outlets, telecommunications, e-commerce, transportation, government, service companies that provide regular bills and other industries that require Digital Payment solutions and their supporters.

Finpay is connected to 122 billers, 90 banks, 100 thousand outlets, 800 online merchants, and has been working together with remittance companies in seven countries to provide remittance services for Indonesian migrant workers. The services that Finpay presents are registered with Bank Indonesia and have licenses, including fund transfers, payment gateways, electronic money, debit acquirers, and QRIS.

Finpay has successfully expanded its range of services in various financial transactions in accordance with advances in payment transaction technology. These products are introduced in order to realize an integrated payment system and to facilitate the public in conducting wide-ranging, various electronic payment transactions safely and easily. 

Finnet has acquired various prestigious certifications, namely PCIDSS version 3.2 TUV Rheinland Indonesia (up to 2019), ISO 9001:2015 TUV Rheinland Indonesia (2021), KEMKOMINFO Electronic System Operator Registration Certificate (up to 2023), ISO/IEC 27001: 2013 TUV Rheinland Indonesia and SNI ISO/IEC 27001:2013 SNI TUV Rheinland Indonesia (until 2021). Finnet also has the following licenses to ensure that the Company's business and operations meet the regulator's requirements; Debit Card Acquiring from Bank Indonesia (2009), BI-RTGS Participation from Bank Indonesia (2009), Money Transfer Provider from Bank Indonesia (2011), Electronic Money Issuers from Bank Indonesia (2012), Payment Gateway Operators from Bank Indonesia (2017) and Payment Transaction Processing Activities Using QRIS Operators from Bank Indonesia (2020).

For more information, please contact:

Budi Teguh Prakoso

VP Corporate Secretary

Phone : 021 829 9999

Fax : 021 828 1999

Email : buditeguh@finnet-indonesia.com

Portal l : www.finpay.id

About POSFIN

PT Pos Finansial Indonesia (POSFIN) is a subsidiary of PT Pos Indonesia which focuses on business diversification in technology-based financial services to accelerate financial inclusion in Indonesia. Pospay Agen is a digital platform with an agency business network scheme for online banking payment point service features and logistics courier services (Lo-Fintech) with a multi-screen and multi-device accessibility, from Android smartphones, EDC devices, to online websites. Pospay Agen is managed directly by POSFIN and is affiliated with Pos Indonesia as the largest, most comprehensive and cheapest provider of logistics and payment courier services in Indonesia.

Pospay Agen has more than 100,000 agents across 34 provinces in Indonesia. It always prioritizes the quality of online banking payment point services and logistics courier services that are timely, smooth, and safe for the community's every financial, payment, and logistics courier needs. Pospay Agen provides a solution for the Indonesian people's financial and payment services needs in the digital era, especially for those located far from financial service offices.

Based on a Giropos account, Pospay Agen transaction features range from PPOB (Payment Point Online Bank) for PLN, PDAM, taxes, insurance, e-commerce payments, transfers to bank accounts, ATM cash withdrawals, electronic money top ups, to payments using QRIS, which is Pospay Agen's excellent feature. 

For more information, please contact:
Riano Bayu Satria
Chief Marketing Officer
Phone : +62 22 7275001
Email : rianobayu@posfin.id
Portal l : www.posfin.id