Indonesian Political, Business & Finance News

Keycorp wins BNI contract

| Source: JP

Keycorp wins BNI contract

SYDNEY: Keycorp Ltd., an Australian smart card company, said
Tuesday it has won a contract to supply 800 electronic payment
terminals to Bank Negara Indonesia.

The contract is with Indonesian distributor PT. IndoArtha
CiptaLestari, known as PT.IC, Keycorp said in a statement to the
Australian Stock Exchange.

The order for Keycorp's latest fixed line K23 terminals for
debt and credit services will be delivered by the end of June.
The terminal has both smartcard and magnetic swipe readers and
can handle a wide range of electronic funds transfer
applications. -- Dow Jones

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