Photo credit: GoTo Group
GoTo Financial, GoTo Group‘s fintech arm, and Bank Jago have introduced a bank account for daily transactions that can be accessed via the GoPay and Gojek apps.
Called GoPay Tabungan by Jago, the service integrates GoPay’s e-money service with banking offerings.
With the new account, users can make payments at all merchants that accept GoPay such as the Gojek and Tokopedia platforms, QRIS payments, as well as offline and online purchases.
Users will also not have to pay administrative fees for any transactions made through the GoPay app.
Meanwhile, GoTo launched the standalone GoPay app earlier this year, aiming to reach 97.7 million underbanked Indonesians – or about half of the country’s total population. This puts GoPay in competition with other e-wallets like Ovo and Dana.
See also: What GoPay’s new standalone app says about GoTo’s ‘super-app’ strategy
Editing by Putra Muskita and Lorenzo Kyle Subido
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