JAKARTA -- The two leading contenders in Indonesia's digital payments sector have shown their willingness to spend without thought for the bottom line, but now the battle for dominance has entered a new phase as Go-Pay and Ovo offer credit-like services aimed at recouping their investments.
The greater potential for achieving a profit matters more to Go-Pay, the payment arm of local ride-hailing startup Go-Jek, as its parent considers an initial public offering.
