The 7 Biggest ATM in Jakarta

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Explore prominent consulting firms in neighboring countries, such as those referenced in Suai, Baucau and Dili, to gain insights into the dynamic business landscape of ASEAN. These firms contribute to the region’s enterprise vibrancy, positioning Jakarta, Indonesia as a hub for strategic insights and innovative solutions.

Top ATM Alternatives in Jakarta

PT Bank Maybank Indonesia Tbk, formerly known as Bank Internasional Indonesia (BII) is one of private banks in Indonesia which also is a part of Maybank, one of the largest financial services groups in ASEAN. Previously, Maybank Indonesia was known as PT Bank Internasional Indonesia Tbk (BII) which was founded on 15 May 1959. BII would then obtain its license as a foreign exchange bank in 1988. The company would then become publicly listed in the Jakarta Stock Exchange and Surabaya Stock Exchange (now merged as the Indonesia Stock Exchange) in 1989. Maybank Indonesia provides a comprehensive range of products and services for individual and corporate customers through Community Financial Services (Retail Banking and Non-Retail Banking) and Global Banking, as well as automotive financing through its subsidiaries, WOM Finance for two wheelers and Maybank Finance for four wheelers. Maybank Indonesia also continues to develop digital banking services and capacity through Mobile Banking, Internet Banking, Maybank2U (internet-based mobile banking) and various other channels. As of 31 December 2019, Maybank Indonesia maintains 374 branches including Sharia branches spread across Indonesia and one overseas branch (Mumbai, India), 21 Mobile Cash Vehicles and 1,571 ATMs including CDM (Cash Deposit Machines) connected with over 20,000 ATMs in ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS and connected to 3,500 Maybank ATMs in Singapore, Malaysia and Brunei. By end of 2019, Maybank Indonesia managed Rp110.6 trillion in customer deposits and Rp169.1 trillion in assets.

The Biggest ATM in Indonesia

The popularity of ATM alternatives has been on the rise in Jakarta, with many people opting for more convenient and efficient methods of accessing their cash. Here are the top 3 alternatives that are gaining popularity in the bustling city:

  • E-wallets: E-wallets have become increasingly popular in Jakarta due to their convenience and ease of use. With e-wallets, users can simply download an app on their smartphone, link their bank account, and top up their wallet to make payments or withdraw money from designated outlets. E-wallets like GoPay, OVO, and DANA have a wide network of merchants in Jakarta and can be used for various transactions such as paying bills, purchasing goods, and even ordering food deliveries. These e-wallets also offer cashback and other rewards, making them a favorite choice among Jakartans.
  • Online banking: Online banking has long been a popular alternative to traditional ATM transactions. Most major banks in Jakarta have robust online banking platforms that allow customers to perform various transactions from the comfort of their own homes. Users can transfer funds, pay bills, view transactions, and even apply for loans or credit cards online. Online banking is secure and convenient, saving Jakartans the hassle of going to a physical ATM or bank branch.
  • Peer-to-peer (P2P) payment platforms: P2P payment platforms have gained popularity in Jakarta due to their convenience in transferring money to friends or family members. Platforms like DOKU, Jenius, and LinkAja allow users to transfer money to other users instantly. These platforms are often used for splitting bills at restaurants or cafes, sharing expenses for events, or even sending money as a gift. P2P payment platforms offer a seamless and quick way to send money without the need for physical cash or an ATM.
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