Jakarta, 4 July 2022

PT MNC Kapital Indonesia Tbk (BCAP or the Company), through its subsidiary PT Bank MNC Internasional Tbk (BABP or MNC Bank), has just received a permit from Bank Indonesia (BI) to become an organizer of payment transaction processing activities through the Quick Response Code Indonesian Standard – Merchant Presented Mode (QRIS MPM). This service will be one of the features in MotionBanking, using savings account as the source of funds. With the availability of QRIS services on MotionBanking, users can enjoy conveniences of transacting at QRIS merchants throughout Indonesia, directly from the app.

The QRIS integration comes at a time of digitalisation. Countries all over the world have pushed forward with the adoption of a digital payments infrastructure such as a universal QR payment method and Indonesia is doing the same. MotionBanking, through its friendly user interface design, trains users to be more digitally adept while serving their banking needs and reducing the risks of using physical cash.