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PermataBank, BlackBerry and Monitise Announce Commercial Pilot Launch of BBM Money


Indonesian financial institution PT Bank Permata Tbk (PermataBank), BlackBerry(R) (NASDAQ: BBRY) and Mobile Money leader Monitise plc (LSE:MONI.L) announce the commercial pilot launch of BBM Money. With BBM Money, customers have the ability to create and access a mobile money account from their BlackBerry smartphone and make real-time payments to their BBM contacts who are also signed up to the service. They can also buy mobile airtime credit and transfer money to bank accounts. Developed by PT AGIT Monitise Indonesia (AGIT Monitise Indonesia), the joint venture between Monitise Asia Pacific and Astra Graphia Information Technology (AGIT), part of Astra International Group, and issued and managed by PermataBank, BBM Money is making its commercial pilot debut in Indonesia, where customers may easily load cash into it from an Indonesian bank account. PermataBank will issue BBM Money mobile money accounts and process financial transactions. The service is protected by bank-grade security measures including a passcode, encryption, monitoring, and limits as required by PermataBank under Bank Indonesia regulations.David Fletcher, President Director of PermataBank said, "We are pleased to team up with our strategic partners in developing this innovative and revolutionary service and we would like to

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