Indonesia Update
Dec 4, 2019
There are several concurrent initiatives across Indonesia that include both ABX and Kinesis business lines.
There are several concurrent initiatives across Indonesia that include both ABX and Kinesis business lines. This update will focus on Kinesis.
The partnership formed between Kinesis in Indonesia includes two major business verticals: Cross Border Value (the functional equivalent of International remittances) and Gold Savings/Payments Programs.
Kinesis has agreements in place with PT POS (government post office), JFX (Jakarta Futures Exchange), KBI (government clearinghouse), NU (100 million members organisation), CIMB Bank, among others.
To learn more about this update click here.
