DBS ties up with ride-hailing firm Go-Jek for regional payment services

The collaboration will extend to other SEA countries.

DBS has entered into a regional strategic partnership with Indonesian ride-hailing firm Go-Jek for payments ahead of the latter's imminent arrival in Singapore, an announcement revealed. 

The said partnership will soon extend to other countries in Southeast Asia.

“The response from the driver community since we opened pre-registration has been overwhelming and we are confident that by working with DBS, we will see the same level of excitement from consumers too,” Go-Jek president Andre Soelistyo said.

Also read: 7 in 10 Indonesian banks threatened by ride-hailing firm Go-Jek

With investors such as Google, Temasek, Tencent, and Meituan Dianping, Go-Jek is nearing the launch of its beta ride-hailing app in Singapore set to launch its beta ride-hailing app in Singapore and DBS customers in Singapore will experience some privileges.

“We are committed to making payments simple, seamless and invisible for our customers,” Tan Su Shan, group head of consumer banking & wealth management, DBS Bank, said. “In doing so we are stepping up to partner with like-minded companies like Go-Jek, one of Southeast Asia’s most iconic technology companies, to build inclusive digital ecosystems for our customers.”

Go-Jek is said to be launching within the next few weeks in Singapore. In late October, it has rolled out its portal where drivers can pre-register and sign-up to be amongst the ride-hailing firm’s Singapore driver partners as it approaches operation in the city-state.