Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
return to all methods
OVO
OVO is a digital payment service based in Jakarta, Indonesia, providing QR code payments and other features
Method
OVO
LPM Market Share
35%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
51.5M
Disbursements
Yes
Yes
Chargebacks
$25.00
Authorization currency
IDR
Authorization
speed
speed
Instant
Recurring
No
No
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
