To tap the massive potential of Indonesia's electronic payment market, Go-Pay is planning to 'strengthen and deepen' its position in that space, according to its CEO Aldi Haryopratomo.
Digital payment is becoming increasingly popular in Indonesia — yet 99 percent of transactions by volume are carried out using cash, according to management consultancy McKinsey and Company.
According to Haryopratomo, Go-Pay is currently the country's market leader in the e-wallet space, where online credits can be used for in-app purchases of goods and services or with partner merchants. To strengthen its position in the market and better serve its consumers, Go-Pay said it is open to partnerships with banks.
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