Indonesia: Perumnas, Mandiri’s DAM launch e-cash payment; Sinarmas, Huawei to build fiber optic network

Photo By BSD City

PT Digital Artha Media (DAM), a subsidiary of PT Bank Mandiri Tbk (BMRI), has signed a cooperation agreement with state-owned housing company Perumnas to provide electronic payment solution for the low-cost rental apartment (rusunawa) tenants. In another partnership deal, Sinar Mas Land joins hands with Huawei Indonesia to build a fiber optic network in BSD City as part of the group’s efforts to realise its smart city ambition.

BMRI to provide Perumnas electronic payment solution for the low-cost rental apartment

Tenants in Perumnas’ low-cost rental apartment will soon find themselves with an even more simplified way to pay their monthly rental, maintenance, water and electricity tariffs. Settling these bills now can be done through a single mobile number acting as the “destination account”, using a system called Merchant Payment Transfer (MTP) developed by DAM.

The system allows tenants freedom of choice in making payments, without having to open a new account in a different bank. It promises to overcome numerous administrative issues, especially in reconciling and verifying payments.

Hakiki Sudrajat, Director of Finance and Human Resources of Perumnas said, the partnership is a new form of synergy between state-owned companies.

“This new breakthrough will increase our service level for our customers… We look forward to more new value-added breakthroughs and initiatives in the future, not only for Perumnas customers, but hopefully can be adopted nation-wide,” he said.

Through this project, DAM will benefit from Perumnas customer base by high transaction frequency and volume. Currently, Perumnas manages a number of low-cost apartments in 12 locations – Cengkareng, Koja, Kemayoran, Pasar Jumat, Pulogebang Jakarta, Surabaya, Cirebon, Batam, Makassar, Padang, Pontianak, and Samarinda). For Perumnas’ tenants, they can now have access to more than 17,000 Bank Mandiri’s ATM and 53,800 ATM machines connected through ATM Link, ATM Prima and Visa/Plus networks.

DAM CEO Indra Suryawan pointed out that their MTP system is a pioneer product in the Southeast Asian region.

“I think this is the first example of its kind in the world, and definitely in the region,” he said.

BSD Smart City

Sinar Mas Land said it will join hands with Huawei Indonesia to build fiber optic networks in BSD City – one of Indonesia’s largest privately developed urban city, operated and managed by the group’s unit PT Bumi Serpong Damai Tbk (BSDE). The move is part of Sinar Mas Land’s efforts to realise the planned concept of Integrated Smart Dicital City.

Management of Sinar Mas Land said, a memorandum of understanding (MoU) will be signed on Tuesday, May 31.

“Signing will take place tomorrow in BSD City. The ceremony will be attendey by Group CEO Sinar Mas Land Michael Widjaja and Sheng Kai, country manager of Huawei Indonesia,” said the management in a statement.

Sinar Mas had said that it has been preparing BSD City as a pioneer of smart cities in the country. The developer has made sure that every household in the city has access to internet, and introduced a series of mobile apps to simplify payments and transactions made by tenants.

These apps include e-wallet, community platform, loyalty programs, and business performance management solutions. Now, BSD City tenants can buy groceries, settle travel reservations, book concerts and cinema tickets, as well as puchase airplane and train tickets through their smartphones.

“This is just the first phase of our smart city concept in BSD City. In the next stage, we will maximise information to increase environment and living quality. For example providing real time traffic information for residents, so that they can plan out routes and modes of transportation to get to work or school,” said Irvan Yasni, Chief Technology Officer Sinar Mas Land.

“We will even go as far as providing modern public transportation with low-emission,” he added.

Sinar Mas Land’s ambition to revamp BSD City into a digital-based residential is in line with the Indonesian government’s long term plan.

Just last week, Indonesia’s Ministry of Communications and Information Technology said that it was planning to develop 15 smart districts and cities across the country as pilot projects, that will be supported by a broadband service infrastructure. The move is part of the President Joko Widodo government to create a digital economy in which all corners of this archipelago will be connected with broadband, boosting the growth of e-commerce and stimulating the economy in rural areas.

Minister for Communications and Information Technology Rudiantara told DEALSTREETASIA that several districts and cities will take part in the pilot program including – Brebes and Banyuwangi city on Java Island and Makassar on Sulawesi Island.

Also Read:

Indonesia sets up 15 smart cities as pilot to create digital economy

Jakarta-based online grocery startup HappyFresh raises $12m in Series A led by Vertex, Sinar Mas

Sinar Mas eyes backdoor listing in SG with $1.2b deal

Indonesia Dealbook: Ciputra Property, Sinarmas Group unit tie up debt financing

Fortune Mate Indonesia to acquire Sinarmas Group’s unit for $19.8m

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.