View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
August 12, 2014updated 04 Apr 2017 4:06pm

HomeSend and Indosat collaborate to offer remittance services in Indonesia

HomeSend - a joint venture between MasterCard, eServGlobal, and BICS - has signed an agreement with Indosat to offer remittance services to the company's 60 million subscribers in Indonesia.

By Verdict Staff

HomeSend – a joint venture between MasterCard, eServGlobal, and BICS – has signed an agreement with Indosat to offer remittance services to the company’s 60 million subscribers in Indonesia.

Leveraging Indosat’s Dompetku Mobile Money platform, customers can safely send and receive funds across Indonesia’s mobile money network. HomeSend will be one of the first international remittance providers to offer users access to Dompetku’s 24,000 locations.

Commenting on the agreement, HomeSend CEO Stephen Doyle said: "The ability to quickly send funds and conveniently receive them is critical to a successful remittance program.

"We’re incredibly proud that our relationship with Indosat will enable consumers throughout Indonesia with access to the remittances payments backed by the country’s largest network of locations."

The HomeSend service allows users to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets without worrying about their location or that of the beneficiary.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International