GoTo Financial, the financial technology arm of GoTo, has launched GoPay Merchant app, while India’s Jio has teamed up with Taiwanese fabless semiconductor giant MediaTek to supply digital dashboards for electric scooters.
GoTo Financial launches GoPay Merchant
GoTo Financial, the financial technology arm of GoTo, on Thursday announced the launch of the GoPay Merchant app to support merchants, especially micro, small, and medium enterprises (MSMEs), with better financial access and simplified operations.
The app includes features designed with the needs of merchants in mind, specifically around Quick Response Code Indonesian Standard (QRIS) adoption, flexible disbursement, and fraud prevention. The app makes it easier for merchants to register for QRIS via the GoPay Merchant app, the company said. A QRIS code can be created in 30 seconds after successful registration and can be used immediately to receive payments.
The app also offers flexible disbursement, allowing merchants to withdraw funds at any time so that they can better manage their finances.
India’s Jio, MediaTek partner to make digital EV dashboards
Indian conglomerate Jio has teamed up with Taiwanese fabless semiconductor giant MediaTek to provide digital dashboards for the rapidly growing electric scooter market. This collaboration will integrate MediaTek-supplied chips and an Android-based operating system with hardware developed by Jio, targeting electric scooters in India and potentially other emerging markets.
Jio aims to use this partnership to increase its revenue by selling 4G subscriptions to vehicle owners and offering additional services such as cloud storage and mapping solutions. Additionally, the telecom company could potentially monetise the data collected from these 4G-enabled clusters and modules over time.
MediaTek already supplies system-on-chips for Jio’s optical fibre-based broadband services JioFiber and Jio AirFiber.