We go beyond just a Switching Company
The future will be the era of frictionless transaction solutions, delivered through financial technology services.
In the last couple of decades, we have noticed that there’s a huge transformation in the financial industry and ALTO has been growing year to year in response to the inevitable change. The key to our business growth is innovation to our main pillars: product, operations including technology, and human resources.
As a part of the new economic era that driving economic growth in the twenty-first century along with companies that are focused on the areas of Internet of things (IoT), Cryptocurrency, Cloud Storage, E-commerce, Streaming, Social Media, Big Data, Fintech and Artificial Intelligence (IA), we position ALTO as a company that must be able to align the development of technology to the community needs.
Talking about community, 76.8% of Indonesians already use the internet (2021, CNBC Indonesia) and the value of electronic financial transactions increased by 43.66% on an annual basis or year-on-year (2021, Bank Indonesia). COVID-19 drives the growth of the digital financial sector in Indonesia. It is said that the fact of our community behavior has been changed especially when it comes to transactional and payment activities, the majority of people prefer using digital platforms or transactions due to virus transmission. People (including consumers, enterprises/ business owners, and other business actors) will find the most effective and efficient way to make things work. We set our goal to provide effortless and convenient solutions and services for our clients to use.
“The simpler the better” the biggest burning question is how to redefine the simple payment?
ALTO Network aims to enable world-class payment for Everyone Everywhere. Every time. By redefining seamless payment in every step of the way through secured and innovative solutions. With ALTO Network “Simple Payment, Redefined.”.
The future will be the era of frictionless transaction solutions, delivered through financial technology services. These are some of ALTO’s products and services;
Switching Business:
● ATM
- ATM Outsourcing
We are at the forefront of ATM management technology and offer best-in-class, regulatory compliant, cost-effective service to our customers. By outsourcing ATM operations, institutions can streamline their own processes while better serving consumers, with better uptime and at a lower cost.
- ATM Independent Deployer
ALTO is a top ATM service provider and management company that offers a full range of ATM products, software, and services to fit any need. We provide cost-efficient merchant-fill ATMs to deliver convenience for your customers.
● Debit GPN Network
ALTO supports and strengthens GPN’s debit transaction processing services, especially in terms of technical, business, and compliance. We provide various services to help the banking industry grow fast and comply with Bank Indonesia regulations
● EDC
- EDC Outsourcing
We provide EDC hardware rental/selling including managed services to make sure EDC can be used properly. It is supported by our business unit that includes corrective maintenance, preventive maintenance, rollout, standby engineer, asset management, etc.
- EDC White Label
We provide an EDC multibank that can directly switch the transaction to the participating banks. Our service management also included this solution with a settlement report to accommodate reporting to banks.
Non-Switching Business:
● ALTOPay
Our disbursement services allow you to send money in real-time to one or multiple parties. We offer a complete array of disbursement solutions that will help keep funds working on your behalf while helping control your administrative costs.
● BI-Fast
We provide infrastructure for both production and non-production of BI-Fast connector as the bridge to translate the message in and out of internal Banks’ systems to BI systems. BI-FAST connectivity to Bank Indonesia through BI’s CI Hub including providing the network connectivity.
● QRIS including QR Cross Border
QRIS is a single QR code that combines multiple e-payment solutions into one. ALTO is a one-stop QR code payment solution provider, offering a wide range of QR code payments for businesses such as Gopay, OVO, and many more. ALTOs’ all-in-one QR code payment management solution helps merchants adopt a wide range of payment solutions within a short-term period of processing.
● Virtual Account (VA)
Our disbursement Services allow you to send money in real-time to one or multiple parties. In addition to improving your customer experience with real-time payments, ALTO offers you excellent reporting and industry-leading security. We also provide you with real-time payments system clearing.
● Biller
The safest and easiest system for payment and billing transactions with the transfer of information between payment portals (such as websites, mobile banking, ATMs, etc) and front-end processors. We offer various bill collection categories like electricity, telecom, gas, water bills, etc. through a single window. The transaction can be initiated through multiple payment channels.
● iDebit
iDebit is our best solution to perform seamless cardless online payments. We believe it is the only practical payment method for online businesses that don’t have a physical store and don’t call on customers. We offer you comprehensive features to support your needs such as Purchase Feature, Refund Feature, Direct Debit Tokenization Feature, e-Money Top-Up Feature, and Debit Transfer Feature.
● Card Management System (CMS)
We Integrate hardware, administration, and maintenance costs of your card operations across multiple business lines and cut the total cost of ownership. Ensure your bank benefits from the growing potential of digital payments and the diversified payment options available, by offering a payment hub with card management as a key piece of your strategy.
● Fraud Detection System (FDS)
We deliver you the benefit from our proficiency in integrating best-of-breed Risk and Fraud solutions with all your existing Payment channels and applications.
● AOS (Alto Online Secure) VCAS
Provides the platform you need to reduce fraud and false declines while limiting friction for a better cardholder experience. Visa Consumer Authentication Service (VCAS) is a data-driven hosted solution designed to support an issuer’s authentication strategies within their 3-D Secure program.
