JAKARTA -- Bank Mega, a midsize bank owned by Indonesian conglomerate CT Corp., will release its own mobile payment service soon in a challenge to bigger players such as local ride-hailing startup Go-Jek.
Sharing Economy
Indonesian bank takes fight to Go-Jek with new payment app
CT-owned lender sees group's supermarkets as path to growth in crowded field
In Indonesia where credit card use remains limited, consumers can pay for transactions using apps that display scannable QR codes on their phones.(Photo by Akira Kodaka)
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