XL contracts Amdocs to deploy financial services platform - Mobile World Live

XL contracts Amdocs to deploy financial services platform

05 MAY 2016
Mobile Payment

XL Axiata, Indonesia’s fourth largest operator, awarded Amdocs a seven-year deal to deploy and operate a mobile financial services platform that will replace the operator’s home-grown legacy system.

The platform, which Amdocs will manage under a revenue-sharing model, will enable XL’s 42 million Tunai customers to use a single wallet for all financial services, including airtime top-up, money transfer, credit purchase, as well as online and retail payments. It will allow users in the future to pay for things like TV media service, insurance and travel.

XL Tunai is a comprehensive mobile financial service, with a strong ecosystem of dealers and merchants, said Ongki Kurniawan, digital service director at XL.

The agreement covers the technical design, hardware acquisition, system implementation and third-party system integration. The system will be integrated with online billers, merchants and utility service providers.

The platform will enable XL to quickly build and deploy new services that drive innovations, open new revenue streams and win customer loyalty, said Patrick McGrory, division president for Amdocs’ emerging offerings.

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Joseph Waring

Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he...

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