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OVO

Middle East and Africa 2 years ago

PREMIUM
Grab donates Rp 3.5b for Gaza after boycott calls over Israel trip fiasco

Grab faces boycott over perceived Israel support due to cofounder's wife's social media posting about a trip to Israel. The company clarifies its stance on human rights and donates Rp 3.5 billion (US$224,215) for Gaza relief.

Tech 2 years ago

PREMIUM
E-wallets require novel use cases as QRIS muscles in: Analysts

Analysts say the rivalry between e-wallets and banking apps is not a zero-sum game, as each could have their own market.

Tech 3 years ago

PREMIUM
Digital payment industry ripe for consolidation

The digital payment industry grew steadily last year, however, the growth reflects competitive immaturity, the solution for which lies in consolidation, analysts have suggested.

Tech 3 years ago

PREMIUM
Indonesians favor e-wallet over cash as GoPay continues its dominance: survey

Latest study found that the majority of Indonesians use electronic wallet (e-wallet) more often than cash and it also showed that GoPay is currently leading the sector, followed by OVO, Dana and ShopeePay.

Economy 3 years ago

OVO's path to growth: Giving financial access to 92 million unbanked Indonesians

OVO prides itself as today’s No. 1 choice for digital payment services among users in Indonesia.

Business 4 years ago

PREMIUM
Grab buys Tokopedia’s, Lippo’s shares in OVO

The Southeast Asian tech giant and Gojek rival now owns nearly 90 percent of OVO, in a deal the Indonesian payment services provider said was part of its restructuring plan.

Business 4 years ago

PREMIUM
It's confusing: Consumers want fewer payment apps but more features

In a country where many rural residents have never set foot in a bank, urbanites are confronted with a confusing array of e-wallets in the palm of their hand.

Opinion 5 years ago

Telling the fortune of digital payments in 2021, Chinese New Year style

As e-commerce becomes increasingly global, payments are becoming hyperlocal.

Opinion 5 years ago

Buy-now-pay later mode and credit scoring of consumers

In 2020, 40 percent globally have used a service such as BNPL since many of them have had no access to a credit card.

Business 5 years ago

PREMIUM
E-wallet firms incorporate investment features to lure young investors

Indonesian e-wallet firms are aiming to tap into the growing number of young investors during the pandemic, by partnering with investment platforms to access to investment products like mutual funds and gold.

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OVO

PREMIUM Grab donates Rp 3.5b for Gaza after boycott calls over Israel trip fiasco

PREMIUM E-wallets require novel use cases as QRIS muscles in: Analysts

PREMIUM Digital payment industry ripe for consolidation

PREMIUM Indonesians favor e-wallet over cash as GoPay continues its dominance: survey