Leading global businesses can now acquire new paying customers with Indonesia’s most popular e-wallet GoPay.
Boku announced a partnership with GoPay, the digital payments platform of Gojek, the largest on-demand multi-service provider in Southeast Asia to introduce GoPay as an additional payment method, enabling ease of payments for a greater pool of end-users. The partnership reflects the growing popularity of e-wallets as the primary payment mechanism for multiple use case.
Indonesia’s e-wallet market is set to be the fastest-growing fintech segment in the country, with projected growth from $1.5 billion in 2018 to $25 billion in 2023, according to management consultancy Redseer.
“Boku’s mission is to make mobile transactions more simple, and this partnership with GoPay is a big step towards accomplishing that mission,” said Jon Prideaux, CEO, Boku Inc. “We look forward to continuing our collaboration with GoPay to bring cashless payments to more consumers in Indonesia and to bring greater customer acquisition to global businesses operating in Indonesia.”
“As Indonesia continues to move towards digital payments and embraces a mobile-first society, GoPay and Boku share the same vision of providing convenience and greater opportunities to both consumers and businesses,” said Timothius Martin, SVP Digital Product, GoPay. “With Boku’s leading network of global merchants, we can immediately help traditionally underserved Indonesian consumers participate in the global digital economy.”