PayCly Blog

Payment Gateway Providers in Indonesia

PayCly is one of the best payment gateway providers in Indonesia. A payment gateway is a technology that securely transmits payment data from source to destination. The source may be a merchant website or mobile application, whereas the destination is a merchant's bank account. Prior to sending information, it performs several security checks where it encrypts and tokenizes card details. 3D security authentication and fraud scoring add additional security during the transaction. A payment gateway enables you to accept payments in both domestic and international currencies, using various payment methods such as credit cards, buy now and pay later, cryptocurrency and so on.

Why Do You Need a Payment Gateway in Indonesia?

According to the International Monetary Fund, Indonesia has the world's 4th population and 7th economy in terms of purchasing power parity (PPP). A larger population means a larger market plus larger opportunities. The international trade administration estimates that Indonesia's e-commerce sector was over $30 billion in 2020, reached $43 billion in 2022, and will reach $83 billion in the following three years. At the start of 2022, Indonesia has a 73.7% internet penetration rate, and 90% of internet users make online purchases in the Republic of Indonesia. The ecommerce market in Indonesia is growing at a rate of more than 20%+ y-o-y, which is one of the highest growth rates in the world.

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Increasing internet penetration, a record-breaking growth rate, and several reports indicate the online market growth in Nusantara. Indonesians also prefer buying online rather than from a store, as buying online gives many advantages, such as great offers, everything at a single click, and free home delivery. Furthermore, online shopping help customers save time for family. Also, suppose an entrepreneur wants to take benefit of this huge open-air online market and start his online business. In that case, you need the best international payment gateway in Indonesia to accept payments from domestic and global customers.

Types of Payment Gateways

Payment gateways are categorised into three kinds, and we provide each. These are listed below:

How Does a Payment Gateway Work?

For easy understanding, we provide a shortened illustration of the procedure of how a payment gateway works.

How PayCly is the Best Payment Gateway Provider in Indonesia?

Payment gateways are provided by several payment service providers (PSP) in Indonesia, including famous ones like 2Checkout, PayPal, Amazon Pay, Raypd, Adyen, etc. None of them can be titled the best PSP as they all have several flaws in their services: some don't offer ready-to-use plug-ins for fast integration, some charge higher fee, and they do not support the unregulated industry. Moreover, they don't offer you customised checkout pages according to your needs.

On the other side, PayCly is a PSP that has eliminated all those flaws which can discourage you from expanding your business. We offer the lowest MDR rates in Indonesia and a variety of pricing plans so that you can pick as per the size and need of your business. We allow your customers to pay in 100+ payment methods, including credit cards, local payments, and cryptocurrencies. We know the value of privacy; that is why we ensure 100% data protection and provide you with the highest level of security using futuristic technologies like AI & ML. Along with this, we comply with PCI-DSS highest level-1 (highest level certification). We are Indonesia's top payment gateway, and these are some key advantages you will enjoy by partnering with us:

Benefits You Get by Acquiring PayCly's Payment Gateway

Frequently Asked Questions (FAQ)

What are the Differences between Payment Gateways and Merchant Accounts?

A payment gateway is a SaaS that connects your website or application's payment portal to an acquiring bank and securely transmits payment info between involved entities. On the other hand, a merchant account is equivalent to a bank account that receives, retains and withdraws funds. PayCly offers you all payment solutions, including international payment gateways and high-risk merchant accounts.

What other Payment Solutions Does PayCly Offer aside from Payment Gateway?

We proudly say that each & every payment solution that your business may require will be available to you at PayCly. We have created 100+ APIs, which are very useful for same-day integration. Along with payment gateway, we provide you with high-risk merchant accounts for every business, and there are a few mentioned sectors in which we have extensive experience in providing payment gateway and merchant accounts:

Casino Merchant Account Forex Merchant Account
E-Commerce Merchant Account Fantasy Gaming Merchant Account
Escort Merchant Account Adult Toys Merchant Account
Dating Merchant Account E-Cigarettes Merchant Account
Tobacco Merchant Account SMM Panel Merchant Account

Does PayCly provide its services all over Southeast Asian countries?

We are a leading global financial services provider and have been awarded the best FinTech firm in Southeast Asia. We are the most trustworthy payment service provider (PSP) in Indonesia as well as in Thailand, Singapore, Vietnam, the Philippines, Malaysia, Brunei, Burma (Myanmar), Cambodia, Timor-Leste and Laos. Even no PSPs can catch up with us on our lowest MDR rate and best services in the region.