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Lippo Group Director Adrian Suherman issued a statement about the group's decision to sell a portion of its shares in PT Visionet International or OVO
The business competition watchdog KPPU would examine alleged practices of unfair trading committed by e-wallet GoPay in Alfamart.
Ovo announced it will start to charge an extra Rp2,500 transfer fee for balance transfers from Ovo Premier holders to any bank accounts.
Minister Rudiantara earlier announces that OVO has held the unicorn status as the firm's valuation has exceeded more than US$1 billion.
Minister Rudiantara believes OVO's growth as Indonesia's (RI) fifth unicorn establishes the country's gravitational pull for global digital economy.
Bank Indonesia (BI) has rejected recent media reporting on 'BI rank data' release suggesting a specific domestic digital wallet ranking.
OVO director of enterprise payment, Haryanto Gunawan, congratulated LinkAja on its grand launching held on Sunday.
Indonesian Fintech Lenders Association (AFPI) said that demand for financing through financial technology (fintec) companies has increased during Eid.
In the end, both OVO and Go-Pay would have to place their money in banks too, LPS says.