BlackBerry is testing whether the money-transfer business will help the smartphone maker keep users hooked on its instant-messaging service.

BlackBerry is beginning a pilot project with PT Bank Permata, the Indonesian bank partly owned by Standard Chartered Plc, to allow users to transfer money to their contacts over the BlackBerry Messenger service, executives of both companies said in interviews.

Limited Time Offer

Save over $700 on your subscription. Special offer expires April 30, 2017.

14-Day Free Trial

Authoritative analysis and perspective for every segment of the industry