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Aya Lin · · 1 min readIn brief: WhatsApp in talks with Gojek, Ovo to launch mobile payments in Indonesia: sources
- Facebook-owned messaging app WhatsApp is in discussions with multiple digital payment firms in Indonesia to offer their mobile transaction services as it looks to penetrate the country’s burgeoning ecommerce market, Reuters reports, citing people familiar with the matter.
- WhatsApp is in advanced talks with companies such as local unicorn Gojek, Ant Financial-backed Dana, and fintech startup Ovo, with the deals expected to be finalized shortly, said the people.
- Due to the country’s strict licensing regulations, WhatsApp will only serve as a platform supporting payments through local digital wallets in Indonesia.
- The company is also currently waiting on regulatory approval from India to offer direct peer-to-peer payments services in the country.
Editing by Jaclyn Teng
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