{"id":4141,"date":"2021-07-27T11:44:40","date_gmt":"2021-07-27T11:44:40","guid":{"rendered":"https:\/\/www.jisort.com\/?p=4141"},"modified":"2021-07-27T11:44:40","modified_gmt":"2021-07-27T11:44:40","slug":"mambu-indonesia","status":"publish","type":"post","link":"https:\/\/jisort.com\/blog\/mambu-indonesia\/","title":{"rendered":"Mambu Indonesia: What You Need To Know"},"content":{"rendered":"\n<p>In this blog post, you will learn more about Mambu Indonesia.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What is Mambu?<\/strong><\/h2>\n\n\n\n<p>Mambu is an open-source mobile banking platform for banks and telcos. Mambu allows its customers to access their bank accounts from any smartphone, anywhere in the world, with internet coverage or not.&nbsp;<\/p>\n\n\n\n<p>It can be accessed by visiting a web page on any browser, using SMS commands (preferably over short message service), or scanning QR codes that are displayed at points of sale.<\/p>\n\n\n\n<p>An increasing number of customers globally are seeking to make payments with their mobile phones.&nbsp;<\/p>\n\n\n\n<p>As this trend continues there is an urgent need for providers that have the ability to facilitate transactions and security in-house as well as provide high customer satisfaction through convenient payment methods such as mPOS solutions, voice biometrics authentication, and contactless payment cards.<\/p>\n\n\n\n<p>The Mambu <a href=\"https:\/\/www.jisort.com\/cloud-lending-platform\/\">cloud banking platform<\/a> has been developed specifically to address these needs providing banks with a comprehensive solution enabling them not only to offer convenient services but also deliver large volumes of transactions securely from any location while reducing costs significantly &#8211; even without access to a traditional bank branch.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why use Mambu Indonesia?<\/strong><\/h2>\n\n\n\n<p>The key benefits that Mambu offers in Indonesia are:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Higher customer satisfaction<\/li><li>Increased revenues through contactless payment methods such as mPOS solutions;\u00a0<\/li><li>Lower costs via reduced fraud rates and <a href=\"https:\/\/www.jisort.com\/payday-lenders-operations-automation\/\">operational expenses owing to streamlined processes enabled by automation <\/a>of manual tasks;\u00a0<\/li><li>And improved security both internally (the cloud architecture makes it difficult for hackers to attack sensitive data) and externally (Mambu can be accessed by visiting a web page on any browser, using SMS commands, or scanning QR codes which are displayed at points of sale).<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Who can use the Mambu core banking system?<\/strong><\/h2>\n\n\n\n<p>Mambu Indonesia can be used by the following;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Customers<\/strong><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.jisort.com\/mambu-core-banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mambu core banking system <\/a>can be used by customers that would like to use voice biometrics authentication, contactless payment cards, and mobile point of sale for transactions.\u00a0<\/p>\n\n\n\n<p>Banks are also able to offer these services without the need for a traditional bank branch as all necessary hardware is provided with our solution.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Banks<\/strong><\/h3>\n\n\n\n<p>Banks that do not have any access to physical branches may still provide convenient customer service using mPOS solutions while delivering high volumes of transactions securely from any location.&nbsp;<\/p>\n\n\n\n<p>The banks will also save significantly on costs through this implementation &#8211; even if they don&#8217;t own or operate any ATMs themselves.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Saccos<\/strong><\/h3>\n\n\n\n<p>Saccos that have limited or no physical branches and are considering moving to a digital-only model can also use the Mambu Indonesia solution.<\/p>\n\n\n\n<p>Co-founder Adam Hosein said:&nbsp;<\/p>\n\n\n\n<p>&#8220;Banks who do not have any access to physical branches may still provide convenient customer service using mPOS solutions while delivering high volumes of transactions securely from any location.&#8221;&nbsp;<\/p>\n\n\n\n<p>The company is currently working with banks in Kenya, Uganda, Nigeria, and Tanzania &#8211; as well as other countries in Africa &#8211; to deliver this technology globally.&nbsp;<\/p>\n\n\n\n<p>Mambu has raised $11 million worth of funding so far which includes an investment round led by London Venture Partners (LVP) . The LVP team will help Mambu grow its business into 20 African countries by 2020.<\/p>\n\n\n\n<p>Mambu has a patent-pending &#8216;cloud banking&#8217; platform that connects banks and merchants with mobile devices such as tablets or smartphones to enable secure and convenient digital transactions in any location, without the need for internet connectivity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>The bank customer will have access to all the features needed for a traditional branch through<a href=\"https:\/\/www.geopayments.com\/mpos\" target=\"_blank\" rel=\"noopener\"> mPOS solution<\/a>, and can also use it from anywhere.&nbsp;<\/p>\n\n\n\n<p>Banks are able to offer these services without the need for physical branches as all necessary hardware is provided with our solution.&nbsp;<\/p>\n\n\n\n<p>Banks who do not have any access to physical branches may still provide convenient customer service using our solutions while delivering high volumes of transactions securely from any location &#8211; even if they don&#8217;t own or operate ATMs themselves.&nbsp;<\/p>\n\n\n\n<p>All this translates into significant cost savings for banks when implementing an mPOS system like that of Mambu Indonesia rather than maintaining a costly branch network infrastructure which continues shrinking in size year by year around the world due to population growth and urbanization.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this blog post, you will learn more about Mambu Indonesia. What is Mambu? Mambu is an open-source mobile banking platform for banks and telcos. Mambu allows its customers to access their bank accounts from any smartphone, anywhere in the world, with internet coverage or not.&nbsp; It can be accessed by visiting a web page [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":4143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[211],"tags":[],"class_list":["post-4141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-core-banking-system"],"blocksy_meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts\/4141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/comments?post=4141"}],"version-history":[{"count":0,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/posts\/4141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/media?parent=4141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/categories?post=4141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jisort.com\/blog\/wp-json\/wp\/v2\/tags?post=4141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}