Cards · Asia-Pacific · Available
Mastercard in Indonesia
Mastercard is one of the payment methods in Indonesia. Payments are made in IDR; the method supports pay-in, payout, recurring, refund; settlement: T+1; chargebacks: under the scheme rules. The payments regulator in Indonesia is Bank Indonesia (BI). Providers for Mastercard in Indonesia in the Tranzify catalogue: Midtrans, Xendit.
Key facts
- Currency
- IDR (Indonesian rupiah)
- Operations
- Pay-in · Payout · Recurring · Refund
- Settlement
- T+1
- Chargebacks
- under the scheme rules
- Payments regulator
- Bank Indonesia (BI)
Providers for Mastercard in Indonesia
How a payment goes through
- 1The payer enters the card on the hosted checkout; the number is encrypted before it leaves the page
- 2The vault stores a token; routing picks the acquirer by BIN, country and amount
- 33-D Secure when the issuer asks; the acquirer authorises
- 4Callback to the merchant, status in the journal for five years
Other payment methods in Indonesia
| Type | Payment methods | share of e-commerce payments |
|---|---|---|
| QR payments | QRIS | 30 % |
| Bank transfers & instant payments | Virtual accounts (Indonesia) | — |
| Wallets | DANA | — |
| Cards | Visa | — |
| Wallets | PayPal | — |
| Wallets | GoPay | — |
| Wallets | OVO | — |
Mastercard in other countries
Frequently asked questions
Which providers offer Mastercard in Indonesia?+
In the Tranzify catalogue Mastercard in Indonesia is offered by Midtrans, Xendit. A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is Mastercard used in Indonesia?+
The catalogue has no published market share for Mastercard in Indonesia; the method is listed among the country's payment methods.
Which operations does Mastercard support in Indonesia?+
Mastercard supports pay-in, payout, recurring, refund. Settlement is T+1 and chargebacks are under the scheme rules; the amounts are in IDR.
Who holds the licence for Mastercard in Indonesia?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in Indonesia is Bank Indonesia (BI).
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