Wallets · On request
OVO
OVO is an Indonesian e-wallet launched in 2017 by the Lippo Group and majority-owned by Grab since 2021, with a Bank Indonesia e-money licence: at checkout the payer gives the phone number tied to the wallet, a payment request appears in the OVO app, and the payer confirms it with a PIN; the provider confirms within seconds. There are no chargebacks; the flow covers pay-ins and refunds, and a Tranzify client enables it on request.
Key facts
- Countries
- Indonesia
- Currencies
- IDR
- Operations
- Pay-in · Refund
- Settlement
- instant
- Chargebacks
- not possible
How a payment goes through
- 1The checkout opens the wallet app or shows its button
- 2The payer confirms in the app with a PIN or biometrics
- 3The wallet confirms the payment to the provider within seconds
- 4Webhook to the merchant; a refund goes back the same way
How a payment goes through
- The checkout offers OVO and asks for the phone number registered with the wallet.
- The payer opens the request in the OVO app and confirms the amount with a PIN.
- The provider confirms within seconds; a request not confirmed in time expires.
- Tranzify writes the result and calls the merchant’s webhook.
OVO against cards in Indonesia
OVO is topped up from a bank account, at ATMs or in partner outlets, and spent on Grab rides and food and on QRIS codes in shops. At checkout it suits payers who keep money in the wallet and would rather confirm a request than type card details.
| OVO | Cards | |
|---|---|---|
| Who runs it | OVO, licensed by Bank Indonesia for e-money | Visa and Mastercard through local acquirers |
| Confirmation | seconds, in the app | seconds, with 3-D Secure |
| Chargebacks | none | scheme rules |
| Payer needs | the OVO app and its phone number | a card enabled for online payments |
| Refunds | yes, to the wallet | scheme refunds |
| Recurring | no | yes, with tokens |
The integration covers pay-ins and refunds: payouts to Indonesian accounts go through the providers that offer them; no recurring charges run through this method.
Who uses it
E-commerce and retail, delivery and on-demand services, digital goods and travel: everyday purchases from a phone, where a confirmation in the app replaces the card form. A client (a payment company) enables Xendit or Midtrans for OVO under its own contract; the integration is enabled on request.
How to connect
- 1Onboard with Tranzify and get your network, keys and back office.
- 2Enter your account with the provider in the terminal settings — Tranzify already speaks its API.
- 3Add routing rules: countries, currencies, amounts, BIN ranges, priorities and weights.
- 4Go live. Every payment, callback and retry is in the journal for five years.
Providers offering this method
On request — Request this integration
Industries
Terms
Frequently asked questions
How does the payer pay with OVO?+
What are the wallet limits?+
Who is the licensed party in Indonesia?+
Related methods
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