Launched in 2004 this enables consumers with a ATM card to not only make cash withdrawals but also enable purchases, The purchase amount is immediately deducted from the consumer’s account directly to the retailer’s or merchant’s bank account. This provides consumers with better cash management and peace of mind as all transactions are PIN based. In addition to this consumers can also use this facility for balance enquiry and PIN number change,
For customers it means the ease of being able to provide this e-debit service without having to set up a POS/EDC terminal network. It integrates smoothly into the bank’s own IT system and providing their consumers with more facilities with minimum investment. Further they do not have to seek and build their own merchant network. In this way ARTAJASA seeks to provide complete solutions with each service,
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