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