Jakarta, 11 April 2012
Monitise Asia Pacific (PT. AGIT Monitise Indonesia) announced today that its joint venture with a subsidiary of PT. Astra Graphia Tbk, was ready for business. The joint venture has successfully completed its installation in a Jakarta-based data centre to support the full spectrum of mobile banking, payments and commerce.
The platform will allow banks, mobile operators, retailers and other service providers to connect via a fully interoperable and secure network so they can deliver mobile services to both banked and unbanked customers.
PT. AGIT Monitise Indonesia is a joint venture between Monitise Asia Pacific and Astra Graphia Information Technology (AGIT). Monitise Asia Pacific is itself a 50/50 joint venture between Monitise plc (LSE: MONI) and the First Eastern Investment Group.