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The deal is another stepping stone in IOH’s “to become an AI TechCo”
Mastercard and Indosat Ooredoo Hutchison (IOH) have launched a new prototype that uses Mastercard’s in-car payment system in combination with IOH’s AI-powered fleet management platform, NEXTFleet. The joint effort aims to reshape urban travel in Indonesia by bringing together payment and mobility technology, the companies said.
The solution allows drivers to make payments for tolls, EV charging, fuel, and drive-throughs from the dashboard, using Mastercard’s biometric and token technology.
The payment information is stored in the car’s system, letting drivers pay with a fingerprint. At the same time, NEXTFleet helps companies manage multiple vehicles in real-time, tracking and optimising their use through IoT and mobile apps.
IOH announced its intention to turn from telco to TechCo at its Capital markets day last year. The company wants to move beyond traditional telecom services to focus on AI and digital solutions across various industries.
“At Indosat Ooredoo Hutchison, we are dedicated to leveraging AI and innovative technologies to revolutionize urban mobility in Indonesia. This collaboration with Mastercard highlights our ambition to become AI TechCo, reflecting our larger purpose of empowering Indonesia through smarter, more efficient solutions that enhance the quality of life for every Indonesian,” said Vikram Aileen Goh, Country Manager and President Director, PT Mastercard Indonesia Sinha, President Director and Chief Executive Officer at IOH.
As urbanisation in Indonesia rises, the need for connected travel solutions is growing. Digital transactions in the country are set to increase by over 25% this year, with more than 157 million vehicles on the road, a press release stated.
“Through this collaboration with Indosat Ooredoo Hutchison, we are showcasing the possibilities that could unfold when innovation, mobility and commerce come together, and what the future holds with more connected, efficient, and sustainable urban mobility ecosystems in Indonesia,” echoed Aileen Goh, Country Manager and President Director at PT Mastercard Indonesia.
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