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JAKARTA - The move by Djoko Susanto's conglomerate Alfamart manager, PT Sumber Alfaria Trijaya Tbk (AMRT) to buy PT Bank Aladin Syariah Tbk (BANK) shares, has begun to show a form of collaboration. In this case, Aladin Bank facilitates Alfamart customers to access sharia banking services.

On Monday 27 June, Bank Aladin officially launched the cash withdrawal feature (tarsetun) at Alfamart outlets throughout Indonesia. This latest feature allows customers to make cash withdrawals and deposits, both from and to Aladin Bank accounts without using a debit card in the 17,000 Alfamart network.

Aladin Bank President Director Dyota Marsudi said the integration between Aladin Bank innovation and the Alfamart outlet network would be a new chapter in the digital banking ecosystem. "We believe this will greatly contribute to the Islamic finance industry which has enormous potential in Indonesia," Dyota said as quoted on Tuesday, June 28.

Dyota added, this cash withdrawal feature will greatly help the underbanked and unbanked segments. In addition, the collaboration of Aladin Bank and Alfamart allows financial education and the development of supporting infrastructure to occur through the availability of banking access that is in accordance with the needs and abilities of the community.

On the same occasion, Marketing Director of Alfamart Ryan Alfons Kaloh said, Alfamart and Aladin Bank have the same vision to be better in service. "Our consumers can enjoy a unique and new experience in the store with the banking services offered by Aladin. This is very relevant to the financial needs of Alfamart consumers, especially our millennial consumers who are already familiar with digital technology," Ryan explained.

Ryan added that through banking services that combine online and offline elements in around 17,000 Alfamart networks, people can feel the benefits of developing technology that is friendly and in accordance with Alfamart's consumer digital adaptation capabilities. With Bank Aladdin's banking and fintech experience, this collaboration is expected to provide added value for Alfamart to contribute to supporting financial inclusion in Indonesia.


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