ALTO (interbank network)

Last updated
ALTO
PT ALTO Network
ALTO logo 2016.png
Operating area Indonesia
Members23
ATMs8000+
FoundedAugust 1993
Owner Djarum

ALTO is an interbank network in Indonesia. It was founded in August 1993.

History

Previous ALTO logo used until 3 October 2015 Logo ALTO Network.png
Previous ALTO logo used until 3 October 2015

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.

References