ALTO (interbank network)
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Operating area | Indonesia |
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Members | 23 |
ATMs | 8000+ |
Founded | August 1993 |
Owner | Djarum |
ALTO is an interbank network in Indonesia. It was founded in August 1993.
History
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In 2007, ALTO expanded its business to money transfer operations. In 2009, ALTO developed Mobile Air Time Top Up for all telecommunication providers in Indonesia.
In November 2013, ALTO made a joint venture with Seven Bank, a Japanese ATM network, named PT. ATM. The goal is to developing ATM business in Indonesia.