BANKING TECHNOLOGY | Cesar Tordesillas, Indonesia

Danamon's online banking utilizes mobile phones

PT Bank Danamon Indonesia’s new Internet banking service enables customers to use mobile phones to receive verification via SMS tokens. Called the Danamon Online Banking, it is aimed at increasing customer convenience and secure banking transaction.The SMS tokens are available two hours day, seven days a week."Delivering the true meaning of anytime-anywhere transaction, Danamon Online Banking brings three main advantages for our customers. Danamon Online Banking is the only internet banking in Indonesia with SMS Token, a feature where in addition to the physical token; customers are able to use their existing mobile phones to receive verification code via SMS. Ensuring transactions remain secure online; we are also the first in the country to offer supreme internet security certification with EV-SSL VeriSign. Lastly, registering has never been easier, taking only three minutes of your time," remarked Wicahyo Ratomo, Executive Vice President, Head of Alternative Channels Danamon.Now, customers will continue to have Danamon ATM non-cash transaction facilities all in just three clicks, which include the following: Account Information, Fund Transfer, Billing Payment and Purchase."For every transaction made, customers will further receive SMS and email notification as well as added security from password and SMS Token," he concluded.

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