Alto

#Bank Transfer

Alto is a popular payment method in Indonesia. It is an electronic payment system that allows users to make transactions using their mobile phone or debit card. Alto was […]

Certified payment providers 1
Market coverage 1
  • Indonesia
Currencies 1
  • Indonesia Rupiah
Description

Alto is a popular payment method in Indonesia. It is an electronic payment system that allows users to make transactions using their mobile phone or debit card. Alto was created by PT Finnet Indonesia, an Indonesian financial technology company, and is used by millions of people throughout the country.

Alto allows users to pay bills, make money transfers, pay for online and in-store purchases, and withdraw cash from ATMs. To use Alto, users need to download the Alto mobile app and register their bank account or debit card. They can then make transactions using their mobile phone or debit card.

Alto is widely accepted in stores, restaurants, cinemas, supermarkets, and other businesses in Indonesia. Additionally, it is often used to pay for utility bills such as electricity, water, and gas. Users can also send money to other Alto users using their mobile phone number.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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