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.