Hypercom in Deal with Indonesian Bank

Permata Bank in Jakarta, one of Indonesia's national banks, has agreed to deploy Hypercom Corp. payment terminals as part of a nationwide rollout of multifunction devices at retail locations.

The deal, announced Tuesday, will establish a "mini-ATM" network, a Permata representative said.

The terminals will enable the bank's customers to complete more than 100 types of transactions, including paying utility, insurance and credit card bills, and purchasing such services as airline tickets and mobile-phone prepaid vouchers.

The first phase of the rollout is expected to begin in January and will consist of more than 500 cobranded terminals supported by Hypercom's Indonesia-based value-added reseller PT Multi Adiprakarsa Manunggal, also known as Kartuku.

"With this initial rollout, the bank will bring an array of additional services, speed and security to its customers," Niki Luhur, Kartuku president, said in a press release.

Permata plans to deploy the terminals at such merchant locations as mini-marts and grocery stores. The bank has 276 branches and operates a network of nearly 550 ATMs in Indonesia.

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