SINGAPORE, 5 NOVEMBER 2009 - To enable a majority of Indonesia's population to start enjoying microbanking benefits, Netherlands' Gemalto is working with an Indonesian partner to deploy the company's latest digital security solution.
Gemalto is working with Smart Aplikasi Indonesia (SAI) to deploy Dexxis Instant Issuance solution to make on-the-spot delivery of secure microprocessor-based banking cards in the world's largest archipelago by size.
The Dexxis solution is a decentralised instant card issuance to be carried out in-person, in-branch, and in a few minutes. The package includes EMV smart cards, servers, software, printers, and training for the deployment of the solution over a secure TCP/IP trusted network in the retail banking system.
The challenge
With 90 per cent of the Indonesia population without bank accounts and dispersed among the country's 17,500 islands, the Dexxis Instant Issuance solution was deemed the answer.
“This instant issuance model makes it possible to efficiently serve a widely dispersed population of unbanked consumers,” said Tan Teck Lee, president, Gemalto Asia. “In addition, it is more cost-effective and simpler than trying to deliver individual personalised cards by mail, especially when you consider that many of the unbanked don’t have a postal address or effective postal service.”
The smart cards use fingerprint biometric authentication from the software inside the chip and is expected to give security to the cardholder and issuer. With biometric, there is no need to remember the PIN code, which might pose a problem for customers with no prior experience in electronic banking.
Another feature of the card is its capacity to store different types of secure banking services such as e-purse, prepaid data, deposit remittances, savings and loans, and financial and health insurance.
Paperless tracking
With the card working as an electronic statement, it can log up to 150 transactions, making it convenient for cardholders and financial institutions to track a paperless account activity.
SAI chief executive officer and president A. Putranto said: “This is an exciting period for the microfinance sector in Indonesia with the introduction of smart card technology. Gemalto brings a wealth of experience in digital security solutions for the financial sector and together, we can improve the lives of many by offering them simplified access and greater security in their daily activities.”
With 10,000 employees, Gemalto operates in 75 offices, research and service centers in 40 countries.
SAI is an affiliate of IT network solutions provider Alita.
