Fixed fees on e-wallet transactions could spell trouble for digital payment processors in Indonesia

According to five sources familiar with Indonesia’s move, Jakarta plans on imposing fixed fees on select e-wallet transactions. The move could potential choke key revenue streams and raise costs for payment startups. Providers of e-wallet services in Indonesia, Southeast Asia’s largest economy, currently customize fees for vendors: while they charge a premium from big retailers…

Indonesia’s ride hailing service Gojek to commence operations in Malaysia from Jan. 2020

Gojek’s proof-of-concept service will be used to measure the demand for ride-hailing sector in Malaysia for a period of 6 months. On Tuesday, in a statement, Anthony Loke Siew Fook Malaysia’s minister of Transportation stated, Kuala Lumpur will allow ride-hailing firms such as Indonesia’s Gojek to start operations in the country from January 2020. Gojek’s…