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

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.

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