US-based technology firm, Apple Inc., plans to establish a research and development (R&D) center in Indonesia. While, the largest mobile network operator in the country, PT Telekomunikasi Selular (Telkomsel), has teamed up with Verifone Mobile Money and PT Finnet Indonesia to introduce TCash Tap to merchants across Indonesia.
Apple likely to set up R&D centre in Indonesia
Indonesian Information and Communication Minister Rudiantara said the officers of Apple had visited Indonesia and discussed the requirement to set up a reearch and development (R&D) center with the government. He added, further discussion with Apple will be conducted over the local content requirement.
Apple also wants to invest in the tin industries in Bangka-Belitung province.
According to him, during President Joko Widodo visit to the US starting October 25, the President is scheduled to visit Apple headquarters in California and meet with Apple chief executive officer Tim Cook. Both are expected to talk about investment in Indonesia.
Suggested Story: Apple reports record sales of iPhone 6, 6s Plus in first weekend
Widodo is also scheduled to meet with representatives from Google, Microsoft and Facebook. With Google, President hopes to embark on cooperation to develop wireless Internet network for the remote areas in Indonesia.
While, with Facebook and Microsoft, Widodo will ask for the supports to develop technology centers in Indonesian campuses.
Telkomsel to introduce TCashTap to Indonesian market
Telkomsel, a subsidiary of the PT Telekomunikasi Indonesia Tbk (TLKM), has teamed up with Verifone and Finnet to introduce TCashTap to more than 140 million subscribers to tap and pay using their mobile device.
The rollout, which will include fast food joints, cinemas and supermarkets, will accept any NFC enabled device and enable users with the TCash mobile wallet to “tap and pay” in thousands of merchants across Indonesia including, the company said in a statement.
Verifone Mobile Money’s software enables mobile phones and merchant terminals to seamlessly connect to the TCash wallet. Finnet connectivity provides the mobile user access to Indonesia’s banks nationwide. Finnet also facilitates the interbank connectivity, supporting a wide range of payment types and acceptance options.
Suggested Story: Telkom-Telstra telecom JV starts operations in Indonesia
“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.” Chris Jones, chief executive of Verifone Mobile Money, said.
The chief executive of Finnet Indonesia, Niam Dzikri added that the demand for e-money services is increasing in Indonesia and was fueled by the government-supported national movement of non-cash (GNTT).
“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,” he said.