ATM Link machines, operated by Bank Mandiri and Bank Rakyat Indonesia (BRI) respectively. BRI ATM is using the unified ATM Link branding
The interbank network was formed as Link in 2001.
The corporate entity was formed by Telkom Indonesia in November 2016 after initiative from Ministry of State-Owned Enterprises and Himbara to develop and operate the ATM switching system for state-owned banks. In March 2017, the corporate entity commenced operation under the Link brand. The network later received license from Bank Indonesia as the switching network for national card network Gerbang Pembayaran Nasional (GPN, National Payment Gateway). The network later formed subsidiary PT Penyelesaian Transaksi Elektronik Nasional as the clearing house for transaction processed by GPN.
In June 2019, Danareksa[id] acquired 67% shareholding of the company.[1] The company later received license to process transaction within QRIS.[2]
In 2023, an unified branding for ATM Link was launched with some individual member banks' ATMs rebranded with it.
LinkAja! is an Indonesian digital wallet service. The service was originally launched in 2007[3] by an Indonesian mobile operator Telkomsel as Telkomsel Cash, branded as TCASH. It is developed by PT Fintek Karya Nusantara, a company owned by various state-owned companies; including Telkomsel – itself a subsidiary of Telkom Indonesia, state-owned banks (Bank Mandiri, BRI, BNI, and BTN), Pertamina, Jiwasraya, and Danareksa.
On March 26, 2020, LinkAja partnered with Telcoin, an instant, low-cost blockchain-powered remittance service. This partnership is set to explore cashless opportunities in LinkAjas area of operation.[4]
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