Indonesian ride-hailing app GO-JEK has joined forces with Singaporean lender DBS Bank to offer payment services.
The two parties will initially focus on Singapore. The GO-JEK partnership with DBS will later extend to other Southeast Asian markets.
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DBS Bank group head of consumer banking and wealth management Tan Su Shan said: “As Singapore’s leader in payments with over four million debit/credit cards in circulation and DBS PayLah! being the nation’s most popular mobile wallet, we are committed to making payments simple, seamless and invisible for our customers.
“In doing so we are stepping up to partner with like-minded companies like GO-JEK, one of Southeast Asia’s most iconic technology companies, to build inclusive digital ecosystems for our customers.”
The latest move comes shortly before GO-JEK’s launch in Singapore.
Though details on the partnership are scant, DBS said that it customers in Singapore will be offered privileges following Go-Jek’s beta launch in the market.
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By GlobalDataThe ride-hailing app is backed by Google, Temasek, Tencent and Meituan Dianping.
GO-JEK president Andre Soelistyo said: “This partnership makes perfect sense because GO-JEK and DBS are both so committed to providing the best possible consumer experience. By joining forces, we will be able to pool our resources as we focus on making life better for people in Singapore.”
