Danamon Launches New Credit Card Payment Feature

Press Release / 20 June 2017

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Jakarta, 20 June 2017 – PT Bank Danamon Indonesia Tbk (Danamon) launched a credit card bill payment service that enables Danamon credit card holders to settle their bills through other banks’ digital and ATM services in real time. This service applies to bill payment below IDR 25 million for Danamon Visa and Mastercard credit cards. This service serves to add convenience for around 1 million Danamon credit card holders in managing their financial transactions.

“This latest feature offer more options and flexibility for Danamon card holders in credit card payment. Real time bill payment is needed, so the credit card holders’ limit will be readjusted once the bill is settled. This allows the credit card holders to perform transactions without the constraints imposed by the limit. Without this feature, credit card limit readjustment is generally done one working day after the bill is settled,” Djamin Nainggolan, Danamon Consumer Lending Head.

Real Time Payment

Danamon credit card holders only need to open the “Transfer to other bank” option in other banks’ mobile banking, internet banking, and ATMs. After inputting Danamon’s bank code (011), Danamon credit card holder would then input their 16 digits credit card number. The bill payment will be settled in real time after inputting the bill due nominal. 

“This new feature enables Danamon credit card holders to pay in real time, which is helpful during the holiday season and to avoid late fees,” added Djamin.

About Danamon:

PT Bank Danamon Indonesia, Tbk., founded in 1956, is committed to be a customer-centric organization that offers high quality products and services as well as supported by the latest technologies. This commitment is in line with its vision, “We care and enable millions to prosper”.

As of 31 March 2017, Danamon manages IDR 171 trillion in assets along with its subsidiaries, which are PT Adira Dinamika Multi Finance Tbk. (Adira Finance) and PT Asuransi Adira Dinamika (Adira Insurance). In terms of shareholding, 67.37% of Danamon shares are held by Asia Financial (Indonesia) Pte. Ltd., 6.58% by JPMCB-Franklin Templeton Investment Funds, and 26.05% by the public.

Danamon is supported by a network of more than 1,700 including conventional branches, syariah units, subsidiary outlets and more than 60,000 ATMs through partnership with ATM Bersama, PRIMA, and ALTO across 34 provinces.

As the exclusive issuer of Manchester United DEBIT/ATM and Credit Cards in Indonesia and issuer of American Express credit cards, Danamon offers more values to its customers. With a wide range of financial products such as Danamon Lebih, FlexiMax, Tabungan Bisa iB, Dana Pinter 50, KAB Bisa, and Primajaga insurance, Danamon enables customers from various segments to meet their financial needs. 

In addition to physical network, Danamon’s services can be accessed from Danamon Online Banking, D-Mobile and D-Card mobile application, and SMS Banking. 

Danamon received “The Best in the Financial Sector” and “Top 50 Publicly Listed Companies” awards during The 8^th Indonesia Institute for Corporate Directorship (IICD) Award 2016. Internationally, Danamon was awarded ‘Indonesia's 1st Best Local Cash Management Bank in the Small Size of Annual Sales Turnover’ from Asiamoney during the Asiamoney Summer Awards Dinner. In addition, Danamon received two awards from Retail Banker International’s Asia Trailblazer Awards 2017 in the Best Digital Marketing Campaign and Best Marketing Campaign Overall categories for the bank’s innovations in service and operations.

For more information and to be connected with Danamon, please visit www.danamon.co.id or Danamon’s official social media channels: Facebook (Bank Danamon), Twitter (@danamon), Instagram (@myDanamon), LinkedIn (PT Bank Danamon Indonesia Tbk).