Kontan Online


BI-GoJek teams up to distribute 1 million e-money

Wednesday, 11 Oktober 2017 | Wahyu Tri Rahmawati

KONTAN.CO.ID - JAKARTA. Bank Indonesia (BI) has teamed up with popular ride-hailing application Go-Jek to distribute electronic money following the introduction of non-cash payments on toll roads, particularly in Greater Jakarta.

Under the agreement, consumers can use the feature Go-Mart to buy electronic cards from state-owned lenders incorporated in the State-Owned Banks Association (Himbara): Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI) and Bank Tabungan Negara (BTN), as well as private lender Bank Central Asia (BCA).

The agreement, however, has yet to include top-up services. “Go-Jek is one of the companies with access to the people with effective and wide penetration,” said BI Jakarta branch head Doni Joewono in a press conference on Tuesday.

Aiming to fully implement the cashless program by Oct. 31, BI and toll operator PT Jasa Marga have widely disseminated information about the policy since last month.

By Oct. 9, electronic transactions on toll roads nationwide accounted for 75 percent of all payments. In Greater Jakarta alone, electronic payments accounted for 82 percent of all transactions.  

The figures reveal that to fully implement the payment system, 1.5 million more electronic cards are needed. Of the number, Greater Jakarta requires 800,000 to 1 million more cards.

Pingkan Irwin, Go-Jek’s marketing-core products vice president, said that Go-Jek drivers could help the public buy electronic cards in convenience stores or banks through the Go-Mart feature.

Although Go-Jek can currently only help in buying cards, she said there was a possibility that Go-Jek could help with credit top-ups.

Reporter: Wahyu Tri Rahmawati
Editor: Wahyu Rahmawati