EDC Payment Service

EDC Payment Service is a cashless collection solution for receiving payments from customers/retailers through mobile EDC machine provided by Bank Danamon.

Service benefits:

  1. Minimize collection in cash basis.
  2. Real-time online transactions.
  3. To facilitate payment using ATM/Debit Card from dozens banks that are members of ATM Bersama/ALTO/Prima (not applicable for Credit Card).

Features:

  1. Balance inquiry.
  2. Transfer to Bank Danamon registered account (Inhouse / Online Transfer).
  3. Payment to Virtual Account.

Requirements:

  1. Has CA/SA account in Bank Danamon (to be registered in EDC Payment as collection account). 
  2. EDC Payment registration form.
  3. Supporting documents (Article of Association, ID copy, SIUP/TDP and NPWP).
  4. EDC Payment Service Term & ondition form.
  5. Included in service/coverage area.

Charges:

  1. Service charge: Rp 300.000,- / EDC / month.
  2. Late payment penalties for service charge: 1 / mill / day.
  3. EDC relocation fee: Rp 100.000,- / EDC
  4. Compensation:
    a. EDC is lost or total damaged: Rp 5.000.000 / EDC.
    b. Partial damage/loss according to Bank Danamon’s vendor component prices.
  5. Online transfer fee in accordance with issuing bank policy.

Free service charge promo:

  1. New registered customers during promo period (May 2020 - April 2021).
  2. Deduction starting from Rp 100.000,- to 100% are free based on specified average balance and number of transaction requirments.
  3. For further information on other terms and conditions, please contact our marketing.