BCAP X Traveloka, Enhancing Both Ecosystems

Jakarta, 8 August 2022 – PT MNC Kapital Indonesia Tbk (BCAP or MNC Financial Services), a subsidiary of PT MNC Investama Tbk (BHIT or MNC Group), has signed a Memorandum of Understanding (MoU) with PT Traveloka Indonesia (Traveloka) to collaborate on partnerships between the subsidiaries and affiliates of BCAP and Traveloka.

Traveloka is a travel and lifestyle platform in Southeast Asia, providing users access to discover and purchase a wide range of travel, local services and financial services. Through its financial services business unit, Traveloka also provides financial solutions, including payment, financing (multifinance) services to insurance, in order to help consumers fulfill their lifestyle aspirations.

Furthermore, the MotionPay application by PT MNC Teknologi Nusantara (MTN), a subsidiary of BCAP, will conduct a joint promo program with Traveloka for Traveloka Points discount vouchers and other vouchers available on Traveloka's platform.

Users can also utilize MotionBanking’s Credit Card and Debit Card for transactions on Traveloka platform. Customers who make transactions using a MotionBanking’s Visa Credit Card can take advantage of discounts or bonus coupons, including Traveloka loyalty points, to transact on the Traveloka platform.

This collaboration also involves a promotion program for opening a MotionBanking account through Traveloka platform, where customers can receive benefits, including bonus Traveloka Points. All programs regarding the collaborations between BCAP and Traveloka will be promoted on BCAP’s media affiliates, which are subsidiaries of MNC Group.

“We are very excited about working with Traveloka, allowing us to develop MNC Bank’s digital lending capabilities to users through Traveloka financial services product. With this collaboration, we will complement each other's ecosystem and simplify payment and transaction processes on the Traveloka platform, as well as promoting MotionBanking, MotionPay, and other Motion brands to Traveloka users,” said Yudi Hamka, President Director of BCAP.

Welcoming this partnership, Willy Sakareza, Head of Business and Market Development, Traveloka Group, said, “Aligning with our commitment to support national financial inclusion growth, we are aiming to simplify financial access to wider audiences in fulfilling their travel and lifestyle aspirations through this collaboration with BCAP. Not only provide positive impacts to our customers, we are also optimistic that this partnership will enhance both business values.”