Gojek to Integrate PayPal with the Indonesian Ride-Hailing Giant’s App

JAKARTA, KOMPAS.com – PayPal services can soon be accessed through the ride-hailing app of Indonesian tech giant Gojek.

PayPal recently joined Gojek’s growing list of investors together with Facebook in a bid to support small businesses and further advance Southeast Asia’s digital economy.

PayPal and Facebook's investment aims to propel the growth of Gojek’s payment system in Southeast Asia which has approximately 170 million users.

Read also: Facebook, PayPal Join Indonesian Giant Gojeks Growing List of Investors

With PayPal’s entry, the company’s payment services will be integrated into the Gojek app in the short term.

Currently, PayPal has 25 million merchants from around the world in its network.

Head of Corporate Development and Ventures for APAC at PayPal, Farhad Maleki, said that Southeast Asia is at a crucial point in digital payment adoption.

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“We could not be more excited about entering into this strategic relationship with Gojek to expand access and provide new experiences for our collective customers in this dynamic market and around the world,” said Farhad.

Recent Developments at Gojek

Google and Tencent were the Indonesian ride-hailing giant’s earlier investors and have collaborated on several of Gojek’s projects.

Google and Tencent made their first investments in 2018 followed by PayPal and Facebook in June 2020.

“We’re pleased to continue to invest in and enable Gojek in its journey. Gojek’s success points to the strength of the region’s internet economy and the innovation in its start-up ecosystem,” said Caesar Sengupta as VP Payments and Next Billion Users Google.

The Indonesian ride-hailing giant maintains its support to empower small businesses across Southeast Asia while continuing to partner with blue-chip investors.

Supporting the growth of small businesses is at the core of Gojek’s business objectives.