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ShopeePay (ID)
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
Method
ShopeePay (ID)
LPM Market Share
35%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
50.5M
Disbursements
Yes
Yes
Chargebacks
$25.00
Authorization currency
IDR
Authorization
speed
speed
Instant
Recurring
No
No
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
