Indosat works out mobile wallet

Monday, January 14, 2008

This year the mobile wallet service seems to grow well. Telkomsel has released T-Cash as the non cash mobile commerce transaction service earlier December last year. Indosat is soon to release the similar product. “We will launch mobile micro payment in the first quarter of 2008. just wait and see,” said Teguh Prasetya, Indosat group head for value added services and mail messaging. Indosat invested US$2 million for the new product here and prepared the system including operator, banking and the underwriters.

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