All payment methods

Indonesia Banks

Indonesians use bank-transfer payment methods to pay for almost a quarter of all their online purchases (PPRO Almanac). That’s an e-commerce volume with an approximate value of US$5.75 billion. They simply enter a 16-digit payment code (also known as a Virtual Account Number). This can be via internet banking or at the ATMs of participating banks. Supported ATM networks include Bersama, Prima, and Alto, and supported banks include: Bank Danamon, Bank Mandiri, Bank Negara Indonesia, CIMB Niaga, Permata Bank and Maybank Indonesia.

Indonesia Banks
Type Bank transfer
Consumer countries
Currencies

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Why Indonesia Banks

With a 23% market share, bank transfer payments are the second most popular method of payment in Indonesia. (PPRO Almanac).

The Indonesian e-commerce market is predicted to grow from a value of US$43 billion in 2023 to US$66 billion by 2026 (PPRO Almanac).

As not all debit cards are enabled by banks for e-commerce, Indonesian consumers prefer bank transfer methods, via a browser or mobile banking app.

Specifications

Coverage

Consumer
Merchant Global

Currencies

Consumer IDR
Processing IDR
Settlement -

Features

Recurring payments
One-click payments
Refunds
Partial refunds
Multiple partial refunds
Payment assurance
Chargeback risk

How it works

1
Merchant

At checkout, the merchant can display either DOKU or the individual banks for the consumer to select

2
Payment method

If DOKU is selected, the consumer first redirects to a DOKU HPP (merchant white label option) to select their bank

3
Payment method

After selecting their bank, the consumer redirects to a page that displays a payment code with instructions

4
Online bank

The consumer uses the code to complete payment via bank transfer (browser or ATM)

5
Merchant

Payment is confirmed

Want to integrate Indonesia Banks onto your platform?

Get in touch