By Phil Boeyen, ShareChat Business News Editor
|
Tuesday 2nd October 2001 |
Text too small? |
The deal with the PT Dua Berlian group of companies allows for the long-term distribution of Access software products, specifically ETT's transaction processing system, PATLOC.
ETT says discussions are underway with government-owned telco, PT Telkom, and with some of Indonesia's largest ISP's to develop, distribute and rollout at least 20,000 PATLOC enabled public access terminals throughout Indonesia.
The company says that its Indonesian partner is also negotiating licensing for the system to become the standard operating system for public access terminals there.
"Such consent will see the figure of 20,000 surpassed and the rollout schedule accelerated," ETT reports.
ETT and PT Dua Berlian also plan to develop card service, Eftpos, payment and security opportunities together.
"There exists in Indonesia an immediate need to upgrade the banking, financial and government services networks in payments and electronic transactions.
"Discussions with PT Telkom and several other government and financial organisations in relation to these products have been started with distribution of the products expected to commence in early 2002."
Under the agreement the Indonesian company will provide the funding and infrastructure while ETT will advise on business development and product distribution.
A 10-year renewable agreement is planned.
No comments yet
