HSBC starts cell phone banking<\/p>\n
JAKARTA (JP): Hongkong and Shanghai Banking Corporation (HSBC)
\nlaunched here on Wednesday a new service enabling customers to
\nmake banking transactions through the short message system (SMS)
\non their cellular phones.<\/p>\n
Lily Budiono, HSBC's senior vice president financial services,
\nsaid that the service, called HSBC PonselBanking, is available
\nthrough cellular operator PT Telkomsel.<\/p>\n
The technology is supported by IBM and Singapore-based eMobile
\nPte. Ltd., and includes security guarantees for the conducting of
\ntransactions, she explained.<\/p>\n
Lily said that the new service allowed the bank's customers to
\ncheck their accounts and credit card balances, transfer funds,
\nand also get information on conversion rates.<\/p>\n
\"We hope that at least 10,000 of our 40,000 personal customers
\nwill use the service,\" she told reporters after the launching.<\/p>\n
HSBC will open two branches next month in Pluit, North Jakarta
\nand Surabaya respectively as part of the seven branches to be
\nopened this year.<\/p>\n
Lily said that the bank would also start providing Internet
\nbanking services later this year to further facilitate its
\ncustomers. (05)<\/p>",
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