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Indonesia
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during 2025-2028
Popularity of e-commerce payment methods
Extend your reach
QRIS (Quick Response Code Indonesian Standard) is Indonesia’s standardised QR code system that consolidates multiple payment platforms. It enables customers to make payments from different e-wallets or mobile banking apps using the same QR code.
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Reasons for Popularity
Adopted universally since 2020, QRIS streamlines transactions for businesses and consumers alike
QRIS provides user interoperability with other popular wallet brands: one QR code for all payment applications
Able to quickly find out incoming transactions without logging in to the QRIS dashboard. Notification of incoming transactions can be obtained from the QRIS Application
The e-wallet arm of Shopee, one of the largest e-commerce platforms in Southeast Asia, offering QR code payments, bill payments, cashback and rewards, top-up options
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Reasons for Popularity
ShopeePay provides a user-friendly option for those without a card, particularly catering to the unbanked population
Users can easily link their ShopeePay accounts to multiple funding sources, including bank accounts and other e-wallets, providing flexibility in how they manage and spend their money
Unlimited Free Transfers to Banks and fellow ShopeePay users make ShopeePay an attractive option for merchants by reducing transaction costs and encouraging more seamless financial operations
Virtual Accounts (VA) in Indonesia are ad-hoc bank account details to receive bank payments to real bank accounts without sharing the underlying bank details. Each bank has their own system of creating and managing VAs
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Reasons for Popularity
Compared to bank transfers, virtual accounts are usually not charged additional fees by banks or transaction service providers
Users can directly make payments by copying the virtual code they get and the transaction will automatically be recorded under their name with the nominal that has been given
Virtual accounts allow payments to be made by anyone including those who do not have a bank account
OVO is a digital payment service based in Jakarta, Indonesia, providing QR code payments and other features
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Reasons for Popularity
OVO enables users to carry out digital payment transactions even if they don't own a bank account
OVO is available in 90% of Indonesia's shopping malls and is accepted at over 500,000 merchants, making it a dominant player in both offline retail and e-commerce
OVO's partnerships with Grab and leading Indonesian e-commerce platform Tokopedia have significantly boosted its user base
DANA is a popular e-wallet registered with Bank Indonesia with four licenses including electronic money, e-wallet, money transfer, and digital financial liquidity.
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Reasons for Popularity
As a digital wallet, it allows users to make payments with either their saved cards, e-wallet funds, or dynamic QR codes
Making payments with DANA requires no further steps than scanning the digital wallet’s generated QR code
Fully assured and protected - Monitored by Bank Indonesia & KOMINFO, PCI DSS & ISO 27001 certified, DANA is always secured
