Indonesia is much younger than China in terms of its digital revolution and emerging middle class, but is showing unmistakeable signs of following in its footsteps.
The world’s fourth most populous country with over 250 million inhabitants, it has the world’s 16th largest economy. While its internet penetration is relatively low in percentage terms, the large population means it is already approaching similar number of internet users to the UK with huge growth potential.
The payments landscape here is fractured as the nascent digital payment industry sees a multitude of technology solutions fight for supremacy as they attempt to induce a cultural shift away from cash payments.
Our local bank transfer solutions integrate directly with your clients’ online banking system.
Our local bank transfer solutions integrate directly with your clients’ ATM banking system.
ATMs are regularly used to make payments in Indonesia.
Many online payments are completed by payment of cash at a connected retail store.
Indonesia’s online store, MatahariMall, offers 14 different online payment methods.
Online motorcycle ordering service Go-Jek allows you to top up a digital wallet by paying cash to its drivers.