Bank Central Asia is one of the corporate disclosure champions in Southeast Asia, according to FTI Consulting's Asean Disclosure Index 2018 report released on Sept. 28. (Reuters Photo/Darren Whiteside)

BCA and Indonesia AirAsia X Sign Deal to Ease Ticket Purchases

BY :SARAH YUNIARNI

DECEMBER 13, 2017

Jakarta. Bank Central Asia, the country's largest lender by market capitalization, signed a partnership agreement with the local unit of Malaysian long-haul budget carrier Indonesia AirAsia X in a bid to boost the lender's digital services.

Under the terms of the agreement BCA will allow AirAsia's travel agents to use the lender's cash management service platform to facilitate easier ticket purchases.

BCA president director Jahja Setiaatmadja, BCA director Henry Koenaifi, AirAsia Indonesia Group chief executive Dendy Kurniawan and AirAsia Indonesia financial director Rifai Taber were present at the signing in Central Jakarta on Monday (11/12).

Through its Klik BCA Bisnis cash management service platform, the lender will provide access and information of financial-related transactions, such as payment transfers, account balances and bank statements.

Klik BCA Bisnis also provides access to nonfinancial services that Indonesia AirAsia X agents can use to top up deposits online.

"Through this partnership, we are extending our cash management platform services to provide a top-up deposit facility for travel agent partners who offer AirAsia flight services," Jahja said.

The launch of the service and the establishment of a partnership between the two companies are part of BCA's efforts to expand its digital banking services, Jahja said.

BCA and AirAsia previously established cooperation through the BCA KlikPay online payment service and the BCA EDC e-commerce payment gateway.

More than 80,000 companies currently use the Klik BCA Bisnis service. This includes local carrier Sriwijaya Air, which has been doing so since 2015.

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