Ant Financial, Emtek Team on Indonesia M-pay Service

Date: 
13 Apr 2017

Alipay parent company Ant Financial is set to enter a joint venture with media company Elang Mahkota Teknologi (Emtek) to launch a new mobile payment platform in Indonesia.

The service will initially run on BlackBerry Messenger (BBM) app, which has a user base of 63 million monthly active users in the country and is operated by a subsidiary of Emtek under a licensing agreement. After its launch on BBM, the mobile payment service will be expanded to other messaging platforms, eCommerce services and merchants.

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Type: 
General
Country: 
Indonesia