DOKU Vs Xendit Vs Unlimit Vs Faspay: 8 Best Payment Gateways In Indonesia (2026)

Eight payment gateways serving Indonesia, ranked for cross-border merchants on licence, onboarding, local methods, settlement, pricing and 6 other criteria, verified October 2026.

Key takeaways

• DOKU leads at 8.0 / 10 on local methods, settlement and support, but its registration covers only Indonesia and Malaysia, so a business operating in other markets still needs a second provider.
• Xendit (7.7) suits tech teams that build their own checkout on an API; Unlimit (7.2) suits companies expanding into Indonesia without a local entity.
• Finpay, Midtrans and Faspay (6.9 to 6.4) suit narrower needs: a foreign company focused on Indonesia only, shops that want every local method, and stores whose buyers pay cash at convenience stores. Espay (6.1) has the lowest fees.
• The field splits on onboarding: most Indonesian gateways expect a local entity, a tax number (NPWP) or a local bank account; three accept foreign companies.
• Choose in this order: who can onboard you, whose licence covers the payments, where the money settles, which methods your customers use, what it costs.

The short answer

The best payment gateways in Indonesia by segment are DOKU for small businesses, Xendit for teams building on an API, Unlimit, the publisher of this list at #3, for cross-border merchants adding Indonesia to other markets, Midtrans for e-commerce and Espay for the lowest fees.

The ranking

Eight payment gateways serving Indonesia are ranked by a weighted score out of 10, verified October 2026.

What is a payment gateway in Indonesia?

A payment gateway in Indonesia carries a customer’s online payment from checkout to the bank, digital wallet or card network and returns the result to the merchant; what a payment gateway is and how it works covers the mechanics.

In Indonesia, every party acting as a payment service provider must obtain a licence from Bank Indonesia (Regulation 23/6/PBI/2021), and the central bank grants it for defined activities.

International payment gateway solutions usually serve Indonesia through a local partner that holds one, and according to Assegaf Hamzah & Partners they may continue to do so, though PBI 10/2025, in force from 31 March 2026, imposes a stricter framework on how these partnerships are evaluated and managed. For the merchant, it is then the partner’s authorisation that covers its payments.

How this was scored

The 8 payment gateway companies in Indonesia are each scored on 11 criteria weighted for a business selling into Indonesia. On each criterion the best result among the providers sets the 10, and the others are scored against it, so 10 means best in this comparison, not perfect.

Every entry, the publisher’s included, went through the same process, and no position was edited by hand.

This comparison was published by Unlimit. Unlimit is #3 on this list and is scored on the same rubric as every other entry.

Only providers serving Indonesia online were scored, a provider that publishes less about a criterion scores lower on it, and price bands follow published rates or, where none are published, the pricing model. The publisher of this list is ranked in it, and the list is not professional advice.

Where Unlimit fits

For a business already operating in several countries, a new market usually means a second provider, with another integration, contract and set of reports. Unlimit works as global financial infrastructure for cross-border commerce, serving businesses, consumers and AI agents. Worldwide, Unlimit supports more than 1,000 payment methods and over 150 currencies across more than 200 locations (Unlimit homepage). These are worldwide figures: coverage varies by market, and Unlimit confirms the method list for a market during onboarding.

With Unlimit, Indonesia can be added to the same integration and agreement instead of a second provider, so the work is onboarding, not engineering. Unlimit ranks third here, at 7.2 / 10.

KYC and AML checks are largely automated, onboarding can take a day, and each merchant has named technical and support managers (payment processing). Developers test in a sandbox before switching to live. Unlimit offers instant, bulk or scheduled payouts in more than 50 currencies (payouts), and multi-currency business accounts with local account details and FX (business accounts). At checkout it also supports payment links, scheduled card subscriptions and 3-D Secure 2.

Unlimit is right for a team that wants one contract for Indonesia and its other markets, with payouts and accounts from the same provider. It is not the best fit for a merchant that wants to sign up and test on its own, since sandbox access and pricing go through sales (developer overview), or for one that needs a gateway with its own Bank Indonesia licence.

Every entry

Each card says who the payment gateway is, who it suits and what to check before signing.

DOKU

• Verdict: DOKU is the strongest all-round choice for small and growing local businesses, individuals without a legal entity included, as long as they operate mainly in Indonesia and Malaysia.
• Best for: Indonesian SMEs (UMKM).
• Price band: Low. Fee per successful transaction, no setup or monthly fee, prices exclude VAT (pricing).
• Company: Founded in 2007 and run by PT Nusa Satu Inti Artha, DOKU is an Indonesian payment company; the Malaysian gateway SimplePay joined the DOKU Group in 2021 (DOKU docs). Bank Indonesia licenses it as an e-wallet operator.
• Strength: More than 45 payment methods, from virtual accounts and QRIS to cards, e-wallets and PayLater (payment methods), with settlement in IDR, USD, SGD or MYR (support).
• Criticism: Merchant registration covers Indonesia and Malaysia only (registration), so a business that also serves other countries runs a second provider.
• Risk signals: The published settlement periods apply to corporate merchants with a local bank account; with an overseas or non-IDR account the schedule is weekly to monthly by agreement (settlement time).
• Score: #1 of 8, 8.0 / 10, verified October 2026.

Xendit

• Verdict: Xendit is the natural choice for startups and large companies that build on an API and want a licence they can check, at a higher price than most of the field.
• Best for: Startups and enterprises integrating by API.
• Price band: High. Contract-based rates with a monthly minimum of USD 50 or local equivalent (fees).
• Company: Xendit is a South-East Asian payments company operating in Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore and Hong Kong (getting started); in Indonesia its entity, PT Sinar Digital Terdepan, holds Bank Indonesia payment gateway and e-money licences.
• Strength: A payment gateway licence a merchant can look up in the Bank Indonesia register, plus one account across several Asian markets.
• Criticism: The monthly minimum and contract pricing make it costly for a merchant with low or uncertain Indonesian volume.
• Risk signals: Every merchant verifies its business with legal and stakeholder documents before going live, and the guide does not separate local and foreign companies (create account); confirm your document set first.
• Score: #2 of 8, 7.7 / 10, verified October 2026.

Unlimit

• Note: Publisher’s entry.
• Verdict: Unlimit is the best fit for companies expanding into Indonesia without a local entity, through the same integration they use in other markets; it is less suited to a merchant that wants published rates or a payment gateway with a local license.
• Best for: Cross-border merchants entering Indonesia and other markets.
• Price band: Mid. Pricing is quoted per merchant.
• Company: Unlimit offers payment processing, payouts and business accounts on one platform. In Indonesia it works through local partners licensed by Bank Indonesia, part of its hyper-local acquiring network.
• Strength: One API integration reaches more than 30 countries on Unlimit’s coverage pages, from Malaysia and India to Brazil and Europe, and a company incorporated abroad joins without an Indonesian entity, local presence or Indonesian bank account (Indonesia coverage). In Indonesia that means QRIS, OVO, LinkAja, virtual accounts at BNI, BRI, Mandiri, Permata and Nobu, bank transfers and cards (payment methods), with rupiah payouts to Indonesian bank accounts and e-wallets (payout methods).
• Criticism: Rates for Indonesia are quoted rather than published, so cost can only be compared after a conversation with sales.
• Risk signals: The documents each payment method needs are set during onboarding, per merchant and method; ask for the list early so it does not hold up the launch.
• Score: #3 of 8, 7.2 / 10, verified October 2026.

Finpay

• Verdict: Finpay is a solid payment gateway for a foreign company focused on Indonesia only, thanks to an account type for companies incorporated abroad; it is a weaker fit for expanding into other markets.
• Best for: Foreign companies focused on Indonesia only.
• Price band: Mid. Fee per transaction by payment method (pricing).
• Company: Finpay is the payment service of PT Finnet Indonesia (home page), connected to more than 80 banks (explainer) and holds a Bank Indonesia licence for debit card acquiring.
• Strength: A Foreign Entity account type for companies incorporated outside Indonesia (registration guide), alongside virtual accounts, cards, e-wallets, QRIS and retail payments.
• Criticism: Finpay serves Indonesia only (product page), so other markets need other providers.
• Risk signals: Foreign Entity requirements depend on the partnership and business model, and every merchant signs a service agreement through an account manager; ask for the exact requirements up front.
• Score: #4 of 8, 6.9 / 10, verified October 2026.

Midtrans

• Verdict: Midtrans offers the widest method set and payouts in one place for a merchant with an Indonesian business entity; it is harder for a company abroad.
• Best for: Online stores that want the widest choice of payment methods.
• Price band: Mid. Fee per successful transaction, no setup or subscription fee (pricing).
• Company: Midtrans, run by PT Midtrans, has held central bank authorisation since 2018 (security) and serves online businesses across Indonesia.
• Strength: 24 payment methods named one by one, DANA among them (payment methods), plus payouts by API, single or bulk, to bank accounts and e-wallets.
• Criticism: A business entity registers with an NPWP and Indonesian deeds of establishment and amendment (passport), so a company without them cannot finish business registration.
• Risk signals: The starter documents activate only bank transfer, GoPay and QRIS; other methods need further documents (homepage).
• Score: #5 of 8, 6.7 / 10, verified October 2026.

Faspay

• Verdict: Faspay is a good payment gateway for shops whose Indonesian customers pay in cash at retail outlets, with fees published in full; it is not built for merchants without Indonesian documents.
• Best for: Online stores that take cash payments at retail outlets.
• Price band: Mid. Published fees per method, plus a dashboard subscription for Billing and SendMe (pricing).
• Company: Faspay is the payment gateway of PT Media Indonusa, registered with Bank Indonesia as a payment gateway and remittance operator.
• Strength: Fees per method published in full (pricing), with cash payment at Alfa Group and Indomaret outlets and card instalments.
• Criticism: The document list asks for an Indonesian bank account and an NPWP (document table), so a merchant abroad without them cannot register.
• Risk signals: Registration runs through documents, KYC and integration (registration); ask Faspay directly for the onboarding timeline.
• Score: #6 of 8, 6.4 / 10, verified October 2026.

Espay

• Verdict: Espay has the lowest published fees in this list, with strong payouts, for a business that holds Indonesian documents.
• Best for: Businesses looking for the lowest fees.
• Price band: Low. Published rates per method, no monthly or minimum fee, card rate 2.5% plus a fixed amount (fees).
• Company: Espay is the gateway brand of PT Pembayaran Lintas Usaha Sukses (PLUS), which holds a payment gateway licence from the central bank, with a sister e-wallet company, PT Espay Debit Indonesia Koe (FAQ).
• Strength: Low published rates with the main e-wallets, GoPay, DANA, ShopeePay, OVO and LinkAja, and direct debit through BRI and Mandiri (fees).
• Criticism: Registration asks for Indonesian identity and tax documents (KTP, NPWP, deed of establishment, SIUP) (FAQ), which a merchant abroad does not hold.
• Risk signals: Under the Direct method the merchant opens a bank account and signs a direct agreement with each channel’s bank (FAQ).
• Score: #7 of 8, 6.1 / 10, verified October 2026.

iPaymu

• Verdict: iPaymu offers escrow, cash on delivery and a quick start to small Indonesian sellers; it is a poor fit for a business without an Indonesian presence.
• Best for: Small businesses that need cash on delivery and escrow.
• Price band: Mid. Fee per transaction by channel, no activation or monthly fee (pricing).
• Company: iPaymu is run by PT. Inti Prima Mandiri Utama (registration) and aims at small online businesses, with COD, escrow and instalments without a credit card among its services.
• Strength: One account covers virtual accounts at the major banks, Visa and Mastercard, QRIS and Indomaret and Alfamart (pricing, FAQ).
• Criticism: A foreign merchant needs an Indonesian business licence, a branch office in Indonesia and a bank registered with Bank Indonesia (requirements).
• Risk signals: Ask which licensed company processes your payments: PT. Inti Prima Mandiri Utama does not appear in the Bank Indonesia register (checked October 2026).
• Score: #8 of 8, 5.0 / 10, verified October 2026.

Go deeper

Best for cross-border merchants entering Indonesia

Unlimit (#3, 7.2 / 10) is the pick for merchants based outside Indonesia: no local company is needed to start accepting payments from Indonesian customers, and the same connection covers Unlimit’s other markets in Asia, Latin America, Africa and Europe. Also consider Finpay (#4, 6.9 / 10), for a foreign company that only needs Indonesia.

Best for startups and enterprises integrating by API

Xendit (#2, 7.7 / 10) is the pick for teams that build on an API, from startups to large companies: one Xendit account covers seven Asian markets (getting started), on a payment gateway licence a merchant can check in the Bank Indonesia register. Also consider Unlimit (#3, 7.2 / 10), which offers SDKs for Java, PHP, Python, JS and mobile, a sandbox and plugins (integration docs).

Best for the lowest fees in Indonesia

Espay (#7, 6.1 / 10) is the pick for the lowest fees in Indonesia: it publishes its rates per method, with a card rate of 2.5% plus a fixed amount and no monthly or minimum charge (fees). Also consider DOKU (#1, 8.0 / 10), which charges only when a payment succeeds.

Best for online stores in Indonesia

Midtrans (#5, 6.7 / 10) is the pick for e-commerce shops: it has the broadest named method list in this comparison, so a store can offer QRIS, bank transfers and the e-wallets its buyers already use from one checkout. Also consider Faspay (#6, 6.4 / 10), for stores whose buyers prefer paying in cash at a convenience store.

Best for small businesses (UMKM) in Indonesia

DOKU (#1, 8.0 / 10) is the pick for small businesses (UMKM) in Indonesia: sole traders can sign up without setting up a company first (support), and there are no fixed monthly costs while volumes are small. Also consider iPaymu (#8, 5.0 / 10), with cash on delivery and escrow for small sellers.

Which licence does a payment gateway need in Indonesia, and who holds it?

An online payment gateway operating in Indonesia, or the local partner that processes for it, holds a Bank Indonesia payment service provider licence. The holder is the operating company named in the register, which can differ from the brand name: search the legal entity and read its category and decision date.

Where an international provider works through a local partner, that partner’s register entry is the one to confirm; ask the provider to name it. A brand whose operating company and partner have no entry is unverified, and a provider’s own claim does not replace it.

Can a merchant without a local company or tax number open an account with an Indonesian gateway?

A provider that asks for an Indonesian business registration, an NPWP or a local bank account cannot onboard a foreign merchant who lacks them.

• Compare the provider’s document list with what the company holds; where the list does not separate local and foreign companies, ask.
• Ask the provider in writing whether it onboards a business without a local entity and in which currency it settles, and keep the reply with the application file.
• Treat a statement that foreign merchants can join as conditional until the conditions are listed.

A company abroad has three ways in. It can set up an Indonesian company, a PT PMA, and sign with a local gateway; it can pick a local gateway that offers an account type for foreign companies, as Finpay does; or it can connect through an international provider that processes payments through authorised Indonesian partners, as Unlimit does, with no Indonesian entity at all.

Two money questions belong in the same conversation: in which currency and to which account the provider settles, and whether the quoted fees include tax. In Indonesia, value-added tax (PPN) of 11 percent is charged on top of processing fees, according to DOKU.

How to choose a payment gateway in Indonesia

• Start with onboarding: the entity, tax number and bank account a payment gateway asks for decide whether a company abroad can sign at all.
• Check whose Bank Indonesia licence covers your payments, the provider’s or its local partner’s, and find that company in the register.
• Agree in writing where the money lands: settlement currency, schedule and FX costs for your own account.
• Match the provider’s methods to the wallets, QRIS, virtual accounts and cards your customers actually use.
• Compare fees per method, with tax and minimums included, or ask for a quote on your own volumes.

No single Indonesia payment gateway is best for every business, so weigh these steps against your own entity, currencies, markets and methods.

FAQs

Changelog

• October 2026, first publication: 9 providers screened, 8 ranked.
• October 2026, rubric weights locked before research.
• October 2026, rubric revised: weights for cross-border merchants, and each criterion scored against the best provider in the comparison.

Explore this category

Coverage in other Asia-Pacific markets

• Malaysia coverage page
• Thailand coverage page
• Philippines coverage page
• Vietnam coverage page

Payment products

• payment processing product page
• payment methods product page
• payouts product page