DBS Bank and GO-JEK announced on Monday, November 12, that they will be working together on payment services ahead of GO-JEK's arrival in Singapore.
This will soon extend to other countries in Southeast Asia, the two companies said in a joint statement.
GO-JEK, whose investors include Google, Temasek, Tencent and Meituan Dianping, is set to launch its beta ride-hailing app in Singapore "within the coming weeks".
As part of the strategic partnership, DBS customers in Singapore will enjoy a slew of exciting privileges.
“As Singapore’s leader in payments with over four million debit/credit cards in circulation and DBS PayLah! being the nation’s most popular mobile wallet, we are committed to making payments simple, seamless and invisible for our customers,” said Tan Su Shan, Group Head of Consumer Banking & Wealth Management, DBS Bank.
“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 president, Andre Soelistyo, commented, “GO-JEK and DBS are both committed to providing the best possible consumer experience. By joining forces, we will be able to pool our resources as we focus on making life better for people in Singapore.”
He added that the company is looking forward to the launch of our beta ride-hailing service in Singapore soon, as "people are desperate for more choice in the sector". GO-JEK believes they "can satisfy this demand".
In the statement, the company said that the response from the driver community on their pre-registration has been overwhelming.
"We are confident that by working with DBS, we will see the same level of excitement from consumers too," said Soelistyo.