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Facebook reportedly in talks with three Indonesian companies to launch mobile payment apps

21 April 2020 12:29

JAKARTA - Facebook Inc is in talks with three Indonesian financial technology (fintech) companies to apply for regulatory approval to launch mobile payment apps, people familiar with the matter told Reuters.

The three mobile wallet operators are Gojek’s GoPay, Grab-backed Ovo, and state-owned LinkAja.

“We are in conversations with partners in Indonesia. However, the discussions are ongoing and we do not have anything further to share at this stage,” said a Facebook spokeswoman, Monday (20/4).

If approved, the partnerships would be among the first services under Facebook’s unified payment service Facebook Pay It, which allows users to make payments through various platforms including WhatsApp and Instagram.

The move comes amid early partnership talks between the social network giant and Gojek. According to the sources, Facebook seeks to leverage on Indonesia’s growing tech market. (MS)

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