Sinarmas

#Bank Transfer

The Sinarmas payment method is a financial service provided by the Sinarmas Group, a diversified Indonesian company operating in various sectors such as agriculture, financial services, telecommunications, and energy. […]

Certified payment providers N/A
    Market coverage 1
    • Indonesia
    Currencies 1
    • Indonesia Rupiah
    Description

    The Sinarmas payment method is a financial service provided by the Sinarmas Group, a diversified Indonesian company operating in various sectors such as agriculture, financial services, telecommunications, and energy. Sinarmas offers a range of financial services, including payment solutions, to cater to the needs of consumers and businesses.

    Sinarmas describes several of their payment services, including:

    – Bank Sinarmas: This is the commercial bank of the Sinarmas Group, offering retail and wholesale banking services. They provide current accounts, credit cards, loans, money transfer services, foreign exchange services, and other traditional banking solutions.
    – OVO (One Vision One): OVO is a mobile payment platform developed by Sinarmas. It allows users to make online and offline purchases, transfer money, pay bills, top up their mobile phones, and access various promotions and special offers.
    – FinAccel: FinAccel is a subsidiary of Sinarmas specializing in digital financial services. They offer an online credit solution called “Kredivo,” which enables consumers to purchase products and pay in installments. Users can get instant approval and credit without a traditional credit card.
    – SmartPay: SmartPay is an online payment service by Sinarmas that enables users to pay their bills, purchase airline tickets, top up their mobile phones, and perform other online transactions using their bank account or credit card.

    It’s worth noting that Sinarmas payment services are primarily targeted towards Indonesian customers. They can be used in various sectors, such as e-commerce, retail, travel, and utilities. For more details on terms of use, fees, and specific features of each service, I recommend visiting the official Sinarmas website or contacting their customer service directly.

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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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