Mozido, a provider of mobile wallets for payment and commerce products, Thursday announced it has launched an NFC mobile payment and loyalty services for Telkomsel Indonesia, in partnership with Verifone Mobile Money and financial services provider Finnet Indonesia.

Mozido said in a press release that it will power Telkomsel's NFC-based TWallet application for its 140 million subscribers, enabling them to tap and pay with their mobile device at participating merchant locations. Mozido also provides Telkomsel's merchants with a mobile coupon management system that allows retailers to send their own branded coupons directly to targeted TWallet consumers. Participating merchants span the verticals of fast food, cinema and supermarkets, and include McDonald's, Wendy's, Coffee Bean and Tea Leaf, Baskin Robbins, 7-Eleven, Cinema XXI, GraPARI, Alfamart and Indomaret.

Mozido said that previously, the mobile money services for the TWallet, which provides consumers with account balance, bill payment, airtime top-up, person-to-person transfers, and transaction history, was an unstructured supplementary service data service disconnected from the wallet. Mozido works in partnership with Finnet Indonesia to connect users with Indonesia’s banks nationwide.

"Indonesia's 255 million people are ready for mobile solutions that enable payments, financial inclusion, and consumer engagement. Mozido is privileged to quickly expand our presence in this important region by powering TWallet for Telkomsel's 140 million subscribers," said Michael Liberty, founder of Mozido. "We look forward to working with Telkomsel to bring unprecedented levels of convenience and consumer engagement through mobile payment and marketing services for consumers and merchants."