Telkom Finnet Presents Three New Services for SME Business Monetization

After successfully establishing partnerships with a number of e-commerce companies in Indonesia, PT Finnet Indonesia (Finnet), which is a subsidiary of Telkom, presents three new services specifically for the SME sector. The three services are Finpay, Mobile Point of Sale (MPOS) and Electronic Invoicing System. Finpay is a payment system that functions automatically end-to-end simplify payment methods in SME businesses.

The development of payment and financial solutions is a strategic step for Telkom to grow the monetization of information technology solutions in the SME market. It is estimated that Indonesia will have an increase in the number of consumers to 135 million by 2030 in the SME market. And this moment does not want to be missed by the state-owned telecommunications service provider company

"We have prepared three products to work on the SME (sector) through Telkom's Sobat UKM program," said Director of Finnet Indonesia Niam Dzikri to Indotelko.

Dzikri continued, "Electronic Invoicing can help SMEs that have not full online, just with email can access source of funds, this will make it easier for them. In addition, we will also offer eKiosk management in the form of credit stations in crowded places. Later, SMEs will manage margin halve with Finnet."

To expedite the program, Finnet cooperates with Tel presenting payment solution services via the internet (Internet Payment Gateway / IPG) which can later be used by customers and merchant in the individual and SME segments. Telr is an integrated e-commerce solutions service provider based in Dubai and Singapore.

“Currently Finnet has dominated the business bill payments, and in 2016 Finnet will develop eCommerce business through Finpay. We must paranoid, because at any time, anyone, candisruptive us except those of us whodisruptive competitors,” said Niam.

Later, with the system owned by Telr, it will make it easier for SME players to receive and manage online payments via the web, devices mobile devices to social media.