Indonesia’s Bank Mandiri in collaboration with goSwiff and its local partner Indopay has launched a mobile payment solution, Mandiri Mobile POS.

The mobile payment solution is expected to meet the needs of the bank’s customers for security, convenience and reliability in card transactions with Visa and MasterCard.

The new mPOS solution helps Bank Mandiri to bring more payment alternatives to Indonesian merchants and consumers. Indonesian government is encouraging a cashless society by reducing cash transactions, and Mandiri Mobile POS provides one channel for that.

Frans Usthavia Rico, senior executive vice president of transaction banking at Bank Mandiri, said: "The advantage is that we offer mobile payments along with our existing POS solution to the merchants.

"mPOS is equipped with functions to take service orders, to provide inventory and to offer loyalty programs for the merchant’s loyal customers. mPOS solution can be integrated with existing POS already owned by the merchant, hence offering a more complete solution to our clients,"

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Mandiri Mobile POS allows a restaurant waiter to serve their customers personally at their table without the need for a customer to queue at the checkout counter. The payment on the spot prevents any card misuse by unauthorized parties.

Eric Laurent, president APAC, goSwiff, said: "We are very excited by this partnership with Bank Mandiri expanding cashless transactions to new merchants and to new locations. Indonesia is a core market for goSwiff and we strongly believe that consumers, merchants but also government entities will benefit from our mobile commerce solution."