The two companies will work together to provide more options for cashless payments for consumers across Indonesia and Southeast Asia, the U.S. payment processor said.
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Visa did not mention how much money it was investing in Go-Jek or how big a stake it would acquire. Launched in 2011, Go-Jek has evolved from ride-sharing to allowing its customers to make online payments and order everything from food to groceries and massage services. The Indonesian company raised about $1 billion earlier this year and is valued at up to $10 billion, according to sources.
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