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Kinesis: Announces the soft launch of PT Pos in Indonesia

Laura M
By Laura M
  • Kinesis re-introduces physical gold and silver bullion as currencies that integrate with online banking and payment solutions
  • In partnership with ABX and PT Bullion Ecosystem International, Kinesis has launched the first government-backed, sharia-compliant
  • PosGo Syariah the first Islamic mobile ecosystem business in Indonesia, as supported by the Sharia Supervisory Board
  • Through integrating the Kinesis technology and monetary system, the PosGO Syariah app provides Indonesian citizens with ‘PosGold”
  • The platform also offers ‘Pos Pay’ a payment gateway and E-Wallet service and ‘Gold To Mecca’ a gold-based community savings program
  • The platform live and being rolled out firstly to PT POS’s 45,000 employees

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