Jakarta, August 8, 2018 - PT Witami Cash Mandiri (TrueMoney) and PT M Cash Integration Tbk (MCAS), a subsidiary of PT Kresna Graha Investama Tbk (KREN), today signed a strategic cooperation agreement to expand the top-up service (Top Up) TrueMoney through more than 1,700 MCAS digital kiosk networks that have spread throughout Indonesia. MCAS digital kiosks can be found in various modern retail networks such as Ranch & Farmers Market, ACE Hardware, Informa, Chatime, Hero & Giant, Hypermart, and various other modern retail networks. In addition, MCAS digital kiosks can also be found at Soekarno-Hatta International Airport and the traditional network of MCAS partners.

"With this strategic partnership, it will further facilitate around 16,000 TrueMoney agents and 450,000 TrueMoney members to refill their balances. Where previously the agent and member TrueMoney made balances through a bank account Virtual Account and AlfaMart. In the future this strategic collaboration will continue for several other services such as True Money & M Cash Cross-billers (PPOB products supply from MCAS into the True Money Application and vice versa) and e-toll charging, "said Rio da Cunha, Operational Director of TrueMoney Indonesia.

"This strategic partnership with TrueMoney Indonesia will certainly enrich the product variants we offer at MCAS digital kiosks, and also facilitate access to charging balances for TrueMoney application users. In the next stage, the cross-billers collaboration that we will be undertaking in the near future with TrueMoney is adding new distribution channels for MCAS digital products, and adding products offered by the TrueMoney application to its users. " said Mohammad Anis Yunianto, MCAS Director.

"The MCAS digital kiosk can now be used to top up e-money and e-wallet. With the collaboration with TrueMoney, this enriches content from digital kiosks and expands our network as e-money partners. " Anis added.

As a leading digital product distribution company in Indonesia, MCAS emphasizes four distribution channels, namely digital wholesale, cashier, digital kiosk, and apps / chatbots. In addition to focusing on creating platforms, MCAS also continues to encourage the development of its distribution network, one of which is through digital kiosks. By having more than 1000 Stock Keeping Unit (SKU) content or products in MCAS Kiosk (physical, digital products, billers), MCAS is ready to collaborate / cross billers with various partners, this time through strategic collaboration with TrueMoney.

This article can also be read at Daily Social