Jurisdiction
The company is registered in Indonesia and operates under Indonesian law.
Indonesia · Licensed payment system
Payment infrastructure of Indonesia
Multi-currency virtual accounts for companies from almost any jurisdiction, with direct access to Indonesia's banking system.
- OJK licence
- AML / KYC
- QRIS · e-wallets · Visa / Mastercard
- KADIN partner
Virtual account
Account holder
Your Company Ltd.
Account number
•••• •••• •••• 4821
- IDR
- USD
- EUR
- CNY
Key advantage
A near-exclusive capability in the market
AndaPay opens accounts inside Indonesia for companies registered in other jurisdictions and connects them to local payment methods. This is not only a gateway to Southeast Asian markets, but full operation inside the Indonesian economy.
About the company
An Indonesian payment system with full regulatory standing
Licence
A valid payment system licence issued in Indonesia.
OJK supervision
Supervised by OJK, with strict adherence to AML and KYC requirements.
KADIN partnership
Close cooperation with the Indonesian Chamber of Commerce and Industry (KADIN).
Regulatory footing and direct access to Indonesian banks
- OJK licence. Operations fully meet the requirements of Indonesia's financial regulator.
- AML and KYC. Every client and every transaction goes through mandatory verification.
- Transparent operations. Traceability and a clear structure for every payment.
Banking infrastructure
Correspondent accounts with Indonesia's largest banks
Direct integration with the local banking network enables fast domestic settlement and inbound transfers from abroad.
Core product
Virtual multi-currency accounts for corporate clients
Your own account number
The company receives a direct virtual account number in the payment system.
Inflows from anywhere in the world
Funds arrive directly in the company's account, with no intermediaries in the chain.
Almost any jurisdiction
An account can be opened for companies from the vast majority of countries.
Multi-currency
One account and several currencies for receiving, holding and converting funds.
Convert funds into the currency you need
- IDR
- CNY
- USD
- EUR
- and other national currencies
Conversion inside the system
Incoming funds can be converted between currencies directly on the company's account, with no need to open extra accounts at other banks.
Withdrawal to crypto exchanges
Funds can be withdrawn to licensed Indonesian crypto exchanges and converted into cryptocurrencies.
Process
How it works
Onboarding
KYC and AML checks on the company and its beneficial owners, plus agreement on the transaction profile.
Account opening
The company receives a direct virtual account number and details for incoming payments.
Receiving funds
Incoming transfers from anywhere in the world are credited straight to the client's account in the payment system.
Payments and withdrawals
Funds are sent on behalf of the payment system, quoting the invoice and the client's unique account number.
Transparency
A clear structure for every payment
- Sent on behalf of the payment system. The payment reaches the counterparty as a transaction of a licensed operator.
- Invoice in the payment reference. Every transfer carries the invoice reference.
- The client's unique account number. Each payment is unambiguously identified and tied to the company.
Payment reference
- Sender
- AndaPay, Payment System, Indonesia
- Invoice
- INV-2026-00417
- Client account number
- ACC-88-4821-ID
Example for illustration.
Payment acceptance
A separate licence for accepting payments in Indonesia
Alongside multi-currency accounts, AndaPay connects businesses to the three groups of payment instruments Indonesian customers use.
QRIS
Bank Indonesia's national QR standard: a single code for physical points of sale and online checkout.
E-wallets
DANA, OVO, GoPay and ShopeePay, the payment apps the mass market uses.
Bank cards
Visa and Mastercard, domestic and international, including online payments.
One partner covers both revenue from local customers and the company's international settlements, with no need to assemble a solution from several providers.
QRIS and e-wallets
A single standard
QRIS
The national QR standard introduced by Bank Indonesia. A single code accepts payment from banking apps and licensed wallets, so the customer never has to pick a payment provider.
Works for points of sale and online checkout alike: a static code at the till, or a dynamic one tied to a specific order.
DANA
A general-purpose wallet for online shopping, transfers and paying for services.
OVO
One of the country's largest wallets, closely tied to retail and Grab services.
GoPay
The wallet of the GoTo ecosystem: transport, food delivery and everyday purchases.
ShopeePay
The payment instrument of the Shopee marketplace and its offline partners.
From the customer's payment to settlement with a counterparty
Visa and Mastercard
Card acceptance for domestic and international cards, including online sales to foreign buyers.
One system instead of several
Acceptance, the account, conversion and payouts all live in one system with unified reporting.
- Customer payment
QRIS, e-wallet or card
- AndaPay account
Revenue is credited
- Conversion
IDR, USD, EUR, CNY
- Payouts
Settlement with counterparties
Market
Indonesia, the largest digital market in Southeast Asia
QRIS growth, millions
- Users
- Merchants
- ≈ $100 bn
- The size of Indonesia's digital economy in 2025, with a forecast of around $180 bn by 2030.
- 65.8 / 44.9 M
- QRIS users and merchants as of June 2026. Nearly 97% of merchants are small and medium businesses.
- +100%
- Year-on-year growth in QRIS transactions in the first half of 2026, to 12.55 billion transactions.
Institutional partnership
Indonesian Chamber of Commerce and Industry (KADIN)
AndaPay works closely with KADIN and supports the chamber's projects involving foreign trade payments.
Foreign trade projects
Payment support for the chamber's initiatives in foreign economic activity.
Business community
Access to Indonesian business expertise and contacts through the chamber's network.
Market trust
Recognition from one of the country's key business institutions.
Use cases
Who AndaPay is for
Import and export with Indonesia
Settlement with Indonesian suppliers and buyers in local currency.
Operations inside Indonesia
Local payments for foreign companies without a local legal entity.
Trade with China and Southeast Asia
Receiving and sending funds in CNY and other regional currencies.
IT, services and e-commerce
International revenue received on the company's direct account number.
Service
A boutique approach and individual service
Personal approach
Every client is offered individual service and solutions built around their business model.
Team in Jakarta
The core payment system team works on Jakarta time (WIB, UTC+7).
Support in Europe
The support desk works European hours and speaks with clients in many languages.
Two time zones together give clients a wider contact window, from the start of the working day in Jakarta to the end of the working day in Europe.
Summary
Why AndaPay
OJK licence and supervision
Full compliance with Indonesian regulation.
Accounts inside Indonesia
A rare option for non-resident companies.
Local payment acceptance
QRIS, e-wallets, Visa and Mastercard in one system.
KADIN partnership
Close cooperation with KADIN and support for foreign trade projects.
Multi-currency
IDR, USD, EUR, CNY and other currencies on one account.
Personal service
A boutique approach and multilingual support.
Next step
Get in touch with our representative in your country
They will answer your questions, shape the account structure and currencies around your transaction profile, and guide your company through onboarding.
- info@andapay.io
- Phone / WhatsApp
- +62816882298
- Core team
- Jakarta, WIB (UTC+7)
- Support desk
- European business hours, multilingual