FlexiCash is FlexiCash’s latest innovation that transform their subscribers’ mobile phone into a digital wallet. With this new service, FlexiCash subscribers may now use their mobile phone to make purchase payment of up to one million rupiah.

"With FlexiCash, users will find it easier to perform banking transactions, or to pay merchants for their purchases," said President Director of Telkom, Rinaldi Firmansyah during FlexiCash service launch in Jakarta, Friday (29 / 8). Telkom has established commercial relationship with a number of merchants (stores) to accept FlexiCash transaction.

This service is intended for customers who prefer non-cash mobile commerce transactions using FlexiCash, users may use their mobile phone as digital cash to pay for their online or retail purchases safely, and securely.

Mr. Eddy Kurnia, Vice President of Public and Marketing Communication at Telkom, explained that FlexiCASH is a digital cash service that allows Flexi users to perform a variety of transactions such as pay for their purchases, check their account balance, retrieve their transaction history, purchase additional prepaid mobile airtime (GSM / CDMA), and pay their utility bills. Eddy added that FlexiCASH also support remote payment, meaning that customers can pay from anywhere without having to show up in person.

"As well, FlexiCASH transactions do not come with high transaction fee. To use this service, users may registry by simply typing the word “CASH” and send it to 555", he added.

PT Finnet took technical partnership cooperation with PT eMobile Indonesia and PT Abhimata Citra Abadi to supply service payment system for Telkom Group customers. Both partners worked together to help merchants that had problem with selling products and services because there is not yet available payment method that easy,quick and secure.

For the first year, Telkom targets 5% of total Flexi subscribers will use this service. Until August 2008, Wireless fixed telephone service (FWA) TelkomFlexi has been used by 8.2 million subscribers.

"Still need socialization. Five percent is good enough for a new service," said Rinaldi. Telkom continues trying to increase the Flexi customers with the target of 9 million subscribers at the end of 2008.

Adapted from: Newspaper Business Indonesia/2008/02/28/mWallet target 70 million mobile subscribers. http://tekno.kompas.com/read/xml/2008/08/29/ 18175083/dengan.flexicash.bisa.bayar.lewat.ponsel.