Lippo introduces new card

Lippo introduces new card

JAKARTA (JP): LippoBank yesterday introduced a new multi-
function debit card called Lippo Star Card, which can be used to
pay transactions and to withdraw savings.

"The card is designed to be within the reach of small-income
customers since it only requires a minimum savings of Rp 100,000
(US$45.87)," LippoBank's president, Markus Permadi, said here
yesterday.

With the multi-function system, Star Card holders can take
cash from their savings at the LippoBank's booths anywhere in the
country and overseas, he said.

To assure holders of the card's multi-functions, LippoBank
yesterday signed cooperation agreements with various companies
selling goods and services at the headquarters of the national
flag carrier Garuda Indonesia.

The companies included Garuda, electronic manufacturer PT
Amcol Citra Gallery, department store chain Matahari, fast food
restaurant Pizza Hut, Hero Supermarket and publication group
Gramedia.

Yesterday's signing ceremony was attended by the Lippo Group's
chairman Mochtar Riyadi.(fhp)