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

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

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,"

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

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."