Indonesian mobile network operator Telkomsel has partnered with Verifone Mobile Money and Finnet Indonesia to launch NFC-enabled mobile payments service, TCash Tap, to subscribers across Indonesia.

The partnership will allow Telkomsel’s more than 140m subscribers to tap and pay using their mobile devices.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The service will accept any NFC enabled device and allow users with the TCash mobile wallet to ‘tap and pay’ in thousands of merchants across Indonesia including McDonald’s, Wendy’s, Coffee Bean, Baskin Robins, 7 Eleven, Cinema XXI, GraPARI, Alfamart and Indomaret stores.

Verifone’s Mobile Money software allows mobile phones and merchant terminals to connect to the TCash wallet enabling tap and pay with mobile for daily purchases, the company said in a press release.

Under the partnership, Finnet will facilitate interbank connectivity, supporting a wide range of payment types and acceptance options and also provides the mobile user access to Indonesia’s banks nationwide.

Verifone Mobile Money CEO Chris Jones said: "This launch has enabled contactless mobile payments in Indonesia to move into the mainstream with more and more consumers seeing the value of using their mobile device to purchase everyday items.

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.

"We have concentrated on delivering a world first solution to Telkomsel with integrated loyalty enabling Telkomsel and its partner merchants to offer a wide range of ‘tap and pay’ offerings."

Finnet Indonesia CEO Niam Dzikri said: "With Finnet’s experience in electronic payments coupled with the solution from Verifone Mobile Money we will enable Indonesia to move towards its goal of being a cashless economy."