Indonesian telecoms company PT Telekomunikasi Indonesia and Sony Corporation have announced they will partner to develop an NFC system for the Indonesian market.
The platform, which will be based on Sony’s contactless smartcard technology FeliCa, will allow Indonesians to make electronic payments through a card or smartphone.
The two companies will also promote and develop the platform together.
“Telkom Indonesia and Sony share a vision for smartcard systems, whose introduction they see as making people’s daily lives considerably easier and smarter,” the companies said in a statement.
“With smartcards, customers will be able to use their cards, mobile phones and devices of other shapes and sizes at various locales, such as public transport stations, retail locations, and schools.”
Indra Utoyo, Telkom Indonesia’s innovation and strategic portfolio director, said that he expects the collaboration to increase the use of NFC technologies in Indonesia.
Daniel Smith, Director of Relationship Management, Basset and Gold interview: “Consumer demand for new and innovative forms of finance is soaring”
Basset and Gold has announced the launch of its new Innovative Finance ISA (IFISA).
Anthony Walton, CEO of Iliad Solutions explores the latest developments and challenges with APIs.
Visa has announced it will be launching a new wearable payment device.
TransferWise has announced a partnership with Starling bank to provide easier international money transfers.