Press Release Jakarta, Indonesia - July 22, 2021

Gojek integrates Jago as a cashless payment method in its app, enabling seamless payments for Gojek services

As the first collaboration between Gojek and Jago, the integration will give Jago customers increased convenience when transacting on the Gojek app

 

Jakarta, 22 July 2021 - Gojek, Southeast Asia’s leading mobile on-demand services and payments platform, and Bank Jago, an Indonesia-listed technology-based bank, today announced the first phase of collaboration between the two companies, following Gojek’s investment in Bank Jago last year. As part of this collaboration, Jago will be integrated as a cashless payment method on the Gojek app in Indonesia. 

The feature will be progressively rolled out for Jago customers from today, enabling them to connect their bank account and Jago pockets to the Gojek app and make seamless cashless payments for Gojek services including transport, food, bill payments and more. Once connected, each transaction Jago customers make on the Gojek app will be directly debited from their Jago account or pockets. This eliminates the need for top-ups and also enables them to track their Gojek transaction history on the Jago app, bringing about greater convenience and improvements in financial planning. 

Gojek and Jago will continue to work towards delivering more innovative and convenient digital financial services for consumers, which will include eventually enabling consumers to open a bank account with Jago via the Gojek app.

Nila Marita, Chief of Corporate Affairs, Gojek, said: “As strategic partners who are committed to financially enabling Indonesians from all segments of society, we see this integration as a true milestone in our efforts to increase access to digital financial services. It will bring about a new level of convenience and financial planning, enabling Jago customers to seamlessly pay for and track their spending on Gojek services that have become a crucial part of the daily lives of millions of people. This represents a step forward in our common goal to accelerate financial inclusion and literacy in Indonesia.”

Tjit Siat Fun, Compliance Director and Corporate Secretary, Bank Jago said: “The initial integration between Gojek and Jago will introduce many new benefits for our customers when they transact on the Gojek app. Beyond helping them save on time and costs that are usually required for top-ups, the integration will also help them to better understand and manage their finances. For example, they can create a dedicated pocket for their Gojek expenditure to easily track their transactions. In time to come, we expect that this will make customers more disciplined in their spending and saving habits.”

 

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About Gojek

Gojek is Southeast Asia’s leading on-demand platform and a pioneer of the multi-service ecosystem model, providing access to a wide range of services including transportation, food delivery, logistics and more. Gojek is founded on the principle of leveraging technology to remove life's daily frictions by connecting consumers to the best providers of goods and services in the market.

The company was first established in 2010 focusing on courier and motorcycle ride-hailing services, before launching the app in January 2015 in Indonesia. Since then, Gojek has grown to become the leading on-demand platform in Southeast Asia, providing access to a wide range of services from transportation, to food delivery, logistics and many others.

As of March 2021, Gojek’s application has been downloaded more than 190 million times by users across Southeast Asia.

Gojek is dedicated to solving the daily challenges faced by consumers, while improving the quality of life for millions of people across Southeast Asia, especially those in the informal sector and micro, small and medium enterprises (MSMEs). 

The Gojek application is available for download via iOS and Android.

 

About Bank Jago

Bank Jago was established in Bandung in 1992 under the name PT Bank Artos Indonesia (Bank Artos). After serving customers for more than 27 years with conventional banking products, Bank Artos entered a new era in 2019 by having PT Metamorfosis Ekosistem Indonesia (MEI) and Wealth Track Technology Limited (WTT) as new controlling shareholders after they acquired Bank Artos shares of 37.65% (MEI) and 13.35% (WTT).

After the Phase II Limited Public Offering (PUT), the total ownership of MEI and WTT stands at 41.49%. The entry of institutional investors - Gojek, through its payments and financial services arm GoTo Financial, and GIC Pte - also strengthens Bank Jago’s pipeline of innovative financial solutions.

Through banking products and services that are embedded in an ecosystem optimized by technology, Bank Jago aspires to be a strong and innovative tech-based bank that is ready to fulfill the needs of retail (consumers), small and medium enterprises (SMEs) and mass market segments. 

 

For media enquiries, please contact:

Astried Anggraini

Corporate Communication 

PT Bank Jago Tbk 

[email protected]

 

 

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