Boku Inc Boku partners with GoPay in Indonesia
16 Octubre 2019 - 01:00AM
RNS Non-Regulatory
TIDMBOKU
Boku Inc
16 October 2019
16 October 2019
Boku, Inc.
("Boku" or the "Company" and, together with its subsidiaries,
the "Group")
Boku Partners with GoPay to Extend Mobile Payments Across
Indonesia
Boku (AIM: BOKU), the world's leading independent direct carrier
commerce company, is pleased to announce that it has entered into a
partnership with GoPay, the digital payments platform of Gojek, the
largest on-demand multi-service provider in Southeast Asia. GoPay
is the largest consumer digital payments platform in Indonesia,
processing approximately 50% of the transactions made on the Gojek
platform.
Through the partnership, Boku's merchant customers in Indonesia
will be able to introduce GoPay as an additional payment method,
enabling ease of payments for a greater pool of end-users. The
partnership reflects the growing popularity of e-wallets as the
primary payment mechanism for multiple use cases like
transportation, recurring entertainment subscriptions, and in-app
and in-game micro-purchases.
Indonesia's e-wallet market is set to be the fastest-growing
fintech segment in the country, with projected growth from US$1.5
billion in 2018 to US$25 billion in 2023, according to management
consultancy Redseer.
Jon Prideaux, Chief Executive of Boku Inc, commented: "Boku's
mission is to make mobile transactions simpler, and this
partnership with GoPay is a big step towards accomplishing that
mission. We look forward to continuing our collaboration with GoPay
to bring cashless payments to more consumers in Indonesia and to
bring increased customer acquisition to global businesses operating
in Indonesia."
Timothius Martin, SVP Digital Product Marketer of GoPay,
commented: "As Indonesia continues to move towards digital payments
and embraces a mobile-first society, GoPay and Boku share the same
vision of providing convenience and greater opportunities to both
consumers and businesses. With Boku's leading network of global
merchants we can immediately help traditionally underserved
Indonesian consumers participate in the global digital
economy."
Enquiries:
Boku, Inc.
Jon Prideaux, Chief Executive Officer +44 (0)20 3934
Keith Butcher, Chief Financial Officer 6630
Peel Hunt LLP (Nominated Adviser and Broker)
Edward Knight / Nick Prowting / Christopher +44 (0)20 7418
Golden 8900
IFC Advisory Limited (Financial PR & IR) +44 (0)20 3934
Tim Metcalfe / Florence Chandler 6630
Notes to Editors
Incorporated in 2008, Boku is the world's leading independent
carrier commerce company. Boku's Platform, which is linked to
billing, identity and sales systems of more than 170 mobile network
operators, simplifies transacting on mobile devices.
Boku's Payment products enable mobile phone users, of which
there are more than five billion worldwide, to buy goods and
services and charge them to their mobile phone bill or pre-pay
balance. Its Identity Products are used to verify user details.
Companies like Apple, Google, Facebook, Microsoft, PayPal, Spotify,
Square, Sony and Western Union use Boku to simplify sign-up,
acquire new paying users and prevent fraud.
About GoPay
Founded in 2016 as the digital payment's platform solution of
Gojek, the largest on-demand multi-service provider in Southeast
Asia, GoPay has quickly become the leading electronic money service
in Indonesia.
With a growing reach both inside and outside of the Gojek
ecosystem, the GoPay mission is to help millions of Indonesian
families have access to a wide range of financial services and
products based on a strategy of building strong partnerships and
collaborations with all stakeholders, including the public sector,
private sector, civil society, and academia.
Today GoPay has reached many major milestones, they were the
recipient of the "Most Active Fintech Company to Support the
National Non-Cash Movement" Award from Bank Indonesia; they are
working with over 300 foundations and NGOs across 14 cities in
Indonesia to boost digital donation services and they have been
recognised on the Fortune's 2019 "Change the World" list.
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END
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