Indonesian state firms said to pool $80m capital to launch Go-Pay, OVO competitor

Indonesian state firms said to pool $80m capital to launch Go-Pay, OVO competitor

Jakarta, Indonesia. Photo: Gede Suhendra/unsplash

Indonesian state-owned enterprises have joined forces to launch a single unified mobile payment service to challenge the domination of market leaders Go-Pay and OVO in the country.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter