Market Overview
In Indonesia, 70% of transactions are through alternative payment methods*. * Source: IDCInfoBrief, 2022
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Population: 279M *
Indonesia is the world's fourth-most populous country – a massive opportunity for business.
* Source: Worldometers 2024.
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eCommerce: 81.8B *
Indonesia’s total eCommerce transactions will reach US$168.1 billion by 2029*
* Source: mordorintelligence, 2024
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eShoppers: 65.65M *
and is estimated to reach 93.29m by 2028*
* Source: Statista, 2024
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Internet users: 86% *
Indonesia's young demographic enables the growth of digital payment solutions.
* Source: Statista, 2024
Gain insight into Indonesia's most relevant payment methods
- 39% eWallets
- 27% Bank Transfers and RTP
- 11% Cash
- 9% Credit Card
- 8% Debit cards
- 6% Others
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Credit and debit cards
Play like a local by offering traditional payment methods.
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Wallets
Tackle all audiences.
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Cash-based payments
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Bank Transfers
Count on a wide variety of options to drive conversion.
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