Indonesian bank aims for $25M in e-commerce activities

Summary: Bank Negara Indonesia wants five million online transactions in the first year of introducing its e-commerce services, and it is supported by online Web sites and MasterCard.

By Kevin Kwang | April 2, 2013 -- 01:53 GMT (18:53 PDT)

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Bank Negara Indonesia (BNI) is looking to generate some five million online transactions in the first year of its rollout of e-commerce services.

According to The Jakarta Post's report Monday, the state-owned Indonesian bank hopes the deployment would help bring in some 250 billion rupiah (US$25 million) worth of transactions. Darmadi Susanta, director of consumer and retail at BNI, added the e-commerce services include SMS banking and DOKU Wallet, the latter a collaboration with Indonesian payment service provider PT Nusa Satu Inti Artha.

"Our BNI ATM card holders will use the Virtual Card Number (VCN) in doing [online] transactions," Susanta said in the report.

He added the bank's e-commerce push will be supported by partners including MasterCard International and online shopping sites such as Blandja.com.

Topics: E-Commerce, Banking