MNC Group launched Smart Payment Indonesia (SPIN) coincided with MNC Group's 30th-anniversary celebration at Plaza Parkir Timur Senayan, Jakarta, on Sunday (3/11/2019). The launch of the super fin-tech application complements the financial services ecosystem that has been built by MNC Group. SPIN is operated by PT MNC Teknologi Nusantara (MTN), which is a subsidiary of PT MNC Kapital Indonesia Tbk (BCAP).
SPIN provides three products, including e-money, e-wallet, and digital remittance. For the initial stage, SPIN will serve the MNC Group ecosystem, such as the MNC Vision pay-TV subscription, MNC Play, and the MNC Now OTT platform. SPIN will also be used for MNC Group e-commerce and online travel payments, including theFthing, MNCshop.com, MisterAladin, and other digital payments within the Group. The general public can also use SPIN to top up mobile credit, as well as pay electricity and water bills.
SPIN accommodates an e-wallet feature, where users can make digital payments with credit and debit cards. It also allows the transfer of funds between users using their registered mobile number or to another bank account.
"SPIN is here to complete the totality of MNC Group's financial services activities. We have banks, insurance, asset management, securities, consumer finance, leasing. So, the ecosystem is completed with a digital app," said MNC Group Chairman Hary Tanoesoedibjo (HT).