The Jakarta branch of Deutsche Bank has introduced a payment collection service for PT AEON Credit Service Indonesia through Indomaret, the largest convenience store network in Indonesia. AEON Credit will partner with Artajasa, the largest electronic payments platform in the country, to implement the service nationwide. AEON Credit provides consumers with financing services through instalment schemes. These services can be provided for a variety of products – including electronics, mobile phones, furniture, home appliances and others – which consumers can purchase through partner retail merchants and chain stores. By leveraging Artajasa’s infrastructure for cash and ATM collection services, AEON Credit customers will enjoy greater convenience to pay monthly instalments at any Indomaret outlet located throughout the country. The cooperation with Artajasa will also provide AEON Credit with near real-time information about payments made by their customers, thereby further enhancing the collection process and improving accuracy of cash flow forecasting.
