Western Union Partners with Artajasa to Offer Money Transfer Payouts into Bank Accounts and Wallets
23 März 2022 - 2:00AM
Business Wire
Collaboration with Indonesia’s Payment
Switching Company to Enable Convenient Inbound Bank Account
Payouts; Wallet Payouts to Launch Later this Year
Western Union, a global leader in cross-border, cross-currency
money movement and payments, has announced PT Artajasa Pembayaran
Elektronis (Artajasa) as its newest bank account and wallet payout
partner in Indonesia. Artajasa is a pioneer in the market of
electronic transactions in Indonesia.
The collaboration will enable customers to receive international
money transfers in minutes1 into their bank accounts across all
major banks in Indonesia. Payout into wallets will launch later
this year.
“The increasing demand for financial connectivity and rising
expectations for immediate access means more people are looking for
easy and trusted ways to move their money, especially into bank
accounts,” said K. Premmananth, Head of Singapore, Indonesia and
North Asia, Western Union. “Our collaboration with Artajasa adds to
Western Union’s growing portfolio of money movement options and
offers customers the trust and reliability, combined with the
speed, transparency and seamless experience they expect as they
move their hard-earned money.”
Founded in 2000, Artajasa has also developed network solutions
for bill payments across various industries, including
telecommunications, utilities, insurance, finance and education.
With more than 20 years of experience in payment systems, Artajasa
ensures a high level of security, integrity and monitoring for all
levels and types of transactions processed.
“At Artajasa, we understand the diverse needs of our customers
and are committed to advancing innovations to meet these needs,”
said Siti Hidayati, Director of Artajasa. “Customers today are
living ever more interconnected digital lives and we are excited to
come together with Western Union, offering customers the ability to
receive money into their bank accounts and wallets conveniently and
reliably.”
Over the last few years, Western Union has accelerated its
account-based payout options, including bank account, wallet or
card payout, ensuring robust connectivity for customers. Globally,
Western Union can process payouts into billions of bank accounts,
including millions of wallets and cards across more than 130
countries and territories, with real-time capabilities in 100 of
these countries. Additionally, it also offers payout in cash via
its extensive global retail network across 200+ countries and
territories.
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement and payments. Western
Union’s platform provides seamless cross-border flows and its
leading global financial network bridges more than 200 countries
and territories and over 130 currencies. We connect consumers,
businesses, financial institutions, and governments through one of
the world’s widest reaching networks, accessing billions of bank
accounts, millions of digital wallets and cards, and a substantial
global network of retail locations. Western Union connects the
world to bring boundless possibilities within reach. For more
information, visit www.westernunion.com.
About PT Artajasa Pembayaran Elektronis (ARTAJASA)
PT Artajasa Electronic Payment (Artajasa) is a pioneer in the
banking infrastructure network provider in Indonesia. Since its
establishment on February 10, 2000, Artajasa has been focusing on
working on the electronic transaction market in Indonesia. One of
our services is ATM Bersama, which is an ATM system infrastructure
that can be shared by several banks so that the bank's customers
can use the facilities of other banks incorporated in the network.
At present, ATM Bersama has 91 members, consisting of state banks,
national private banks, foreign banks, BPD banks throughout
Indonesia, BPRs, and Non-Bank Institutions (LSB) with more than
77,000 ATM terminals spread from Aceh to Papua. Artajasa also
provides Online Payment solutions for billing providers, such as
telecommunications services, finance companies, credit card
issuers, education, utility companies and insurance companies that
allow its users to pay bills through any delivery channel
available. For more information about Artajasa, please visit
https://www.artajasa.co.id/corporate.
1 Funds may be delayed based on certain conditions, including
amount sent, receiving financial institution, regulatory
requirements, and differences in time zones.
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version on businesswire.com: https://www.businesswire.com/news/home/20220322005636/en/
Western Union Karen Santos;
Karen.Santos2@westernunion.com
Artajasa: Ratih Febriana;
ratih.febriana@artajasa.co.id
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