It’s Official! Now WOI Have E-Money License From Bank Indonesia
As businesses and customers alike adapt to a new “normal” during these changing times, the ability to offer a safe, convenient and quick payment experience can help you navigate a new way of operating your business. Cash is no longer king when safeguarding the payment experience.
Indivara Group e-money platform (WOI) has secured an e-money license from Bank Indonesia (BI), the country’s central bank. The license could help the platform widen its reach across Indonesia’s large unbanked population.
With the license, WOI can allow users to maintain accounts with the company and use the balance to pay bills, transfer money between members and cash out through members’ bank accounts.
In the near future, WOI’s users can enjoy the benefit of various loyalty programs offered by WOI’s merchant partner.