Alipay, China's leading third-party online payment solutionAlipay, China's leading third-party online payment solution

OVO

OVO, established in 2017, is one of Indonesia’s leading digital wallets in the country where almost 40% of consumers use digital wallets to pay for the goods and services they buy online.

Properties

The properties of the OVO payment method are shown in the following table:

Payment type

Wallet

Funding source

Wallet balance

Acquirer

AlipaySG, AlipayUS

Merchant entity location

SG, AU, HK, US

Payment flow

Redirect

Refund

Buyer country/region

Indonesia

Partial refund

Processing currency

IDR

Chargeback/Dispute

Minimum payment amount

1 IDR

Time to return the payment result

Real-time

Maximum payment amount

2,000,000 IDR for non-KYC users;

20,000,000 IDR for KYC users

User experience

Note: The following payment flows on different terminals are reference only, and represent this payment method's flow on different terminal types. For supported merchants' terminal types, consult Antom Technical Support.

The following screenshot shows the journey of paying with OVO:

image

Figure 1. Payment process with OVO