The collaboration between digibank by DBS and Mastercard aims at providing financial solutions through an easy, fast, and safe loan process for clients. digibank Black Mastercard World offers:
Ari Lastina, Head of Card Business PT Bank DBS Indonesia, said, “digibank by DBS is increasingly paying attention and listening to changes in customer behavior and innovating, especially in creating a pleasant consumer journey. Through the convenience of approval within 60 seconds, digibank Black Mastercard World allows customers to quickly and safely use the 3-month 0% BNPL service that allows all customer retail transactions at any merchant at home and abroad to be converted into BNPL transactions. So, all can be done from your fingertip using the digibank by DBS application, from submitting a credit card application, converting transactions to three-month 0% BNPL plans, redeeming rewards points, to customer service. We believe that the digibank by DBS credit card enhances customer convenience and benefits during transaction using the digibank by DBS credit card.”Digitalisation in banking that is supported wholeheartedly by Bank DBS Indonesia helps increase public adoption of digital banking services. The digibank by DBS application offers innovative banking solutions that are accessible from anywhere, anytime in accordance with the signatureless, paperless and branchless concept. The launch of the digibank Black Mastercard World is part of the This is DBS digibanking campaign, the most intuitive and intelligent digital banking capability in Indonesia that offers easy and fast services to meet the daily needs of customers.Since its launch, the digibank by DBS has maintained the commitment to providing full fledged digital services. The pandemic situation has revealed that people find it quite convenient to meet their banking needs via mobile applications. The digital products and services offered are savings in rupiah and foreign currencies, mutual funds and bonds. The banking digital transformation conducted by DBS Indonesia has been recognized and earned various awards, namely Indonesia’s Most Popular Digital Financial Brands (Millennials’ Choice) 2021 from ICONOMICS, Indonesia Outstanding Millennials' Brand Choice Awards 2021 from Warta Ekonomi, Digital Brand Awards 2021 from Infobank, Indonesia Digital Innovation Awards 2021 from Warta Ekonomi and The Best Full-Fledged Digital Banking 2021 from CNBC.Navin Jain, Indonesia Mastercard, Country Manager, noted that, “Consumer digital adoption in Indonesia is increasing rapidly. Therefore, Mastercard is excited to collaborate with Bank DBS Indonesia to present a new digital payment solution through the digibank Black Mastercard World. Mastercard believes that by presenting this instant credit facility for consumers and providing them access to a wider Mastercard network will support digital economy in Indonesia and increase financial inclusion.”For more information about digibank Black Mastercard World please visit go.dbs.com/id-ccblack.
[1] Indonesia Buy Now Pay Later Market Report 2021: BNPL (globenewswire.com)
[2] Report published by MoEngage entitled Banking in the Era of Connected Customer (2020)
[END]
About DBSDBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 13 consecutive years from 2009 to 2021.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.